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Briefly explain two sources of market failure that result from markets themselves. Explain one sense in which we live in an economic oligarchy rather than
- Briefly explain two sources of market failure that result from markets themselves.
- Explain one sense in which we live in an economic oligarchy rather than a market economy.
- Briefly explain and distinguish two forms of "dead capital."
- Explain one way that corporations benefit from government regulation.
- Given that markets are supposed to resolve or replace forms of conflict and domination, briefly explain one sense in which markets themselvesgenerateconflict and domination.
- Explain and contrast two ways that publicly-traded corporations conflict with the operation of the market economy, even if they are not monopolies.
- Select two readings from the entire semester and explain as specifically as possible how they have changed the way you think about the economy and/or economics.
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