Market Failure

Write the essay with a hand full of the following concepts  – Market Failure – Externalities And Market Inefficiency – The Coase Theorem – Pigovian tax vs. tradable pollution permits – Effects of price ceilings on market outcomes – Market Structures (needs to be included) – Perfect competition and monopoly (needs to be included) – Fixed Costs and Variable Costs – Graphical representation of cost curves – Identification of Profit Maximization output in a Perfectly Competitive Market – Basic Microeconomics theories (needs to be included) for more information visit,

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Font: Arial 12,5  Rubric:  – Student demonstrates excellent understanding of key concepts and uses vocabulary in an entirely appropriate manner.  – Student applies fully relevant knowledge from the topics delivered in class.  – Student critically assesses in excellent ways, drawing outstanding conclusions from relevant authors.  – Student communicates their ideas extremely clearly and concisely, respecting word count, grammar and spellcheck.

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