From the article "Colleges are Fuelling the Pandemic in a classic Market Failure" by Sarah Cohodes and Susan Dynarski Oct. 8, 2020

1. From the case, identify and explain items thatshowthe concepts ofdemand and supply, pricing,andmarket failure ( externalities, intervention inmarketsby authorities,etc.)

1. Using theknowledgeon demand and supply, pricing,andmarketfailure, critically review the information inthecase to showyourapplication of theknowledge to explainthe main aspects of the case. Explain also how COVID-19 has affected demand and supply issues regarding the case. (30%)
2. From the case,identify andexplaintools that could be used tointernalisecosts or negative externalities imposed by having students back on campus at USA colleges in COVID-19 hotspottowns.Towhatextent do you think themeasures would be successful, justify your answer.(20%)