Pick one market in Which the price system does not produce an equitable price and quantity of output- In this market demonstrate Which
mode of market failure exists- Write a paper of 500 words minimum discussion With at least (2) sources cited in the MLA format- In your discussion be
sure to address the following:
1- Describe What sort of market failure exists in the market you chose-
2- Describe an action has our government taken in order to provide this good or service in an equitable fashion in order to resolve this market
failure?
3- What has been the end result of this government intervention? (be sure to cite these results- Do not offer opinions)
4- What is at least one alternative to the current government intervention to resolve the market failure?
