Market failure research paper | Economics homework help

Please write like an international student.

Assignment: 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?

The following are some ideas to help you identify the type of market failure you’re your research paper assignment. Consult with your instructor if you are having trouble picking a topic.

  • Public Goods and Services: Is the market/good or service a public good. Some that fit the description are Schools, Highways and Streets, Fire and Police Protection, National Defense, Prisons.
  • Lack of Competition: Is the market less than purely competitive?  Is it monopolistically competitive, oligopoly or monopoly.  A non exhaustive lists of industries that fall into this category are Utilities, Airlines, Banks, Communications providers, and the automotive industry.
  • Externalities: Are there in particular, external costs (supply side factors) present in an industry where not all of the cost to society is reflected in the industry/market.  (A carefully researched topic can probably reveal an external cost in virtually any industry/market – though some more than others)
Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more