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Government Tools : Discuss tools available to the government to correct a market failure. Provide examples from the textbook. the textbook reference: Mankiw, N. G.

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  • Government Tools: Discuss tools available to the government to correct a market failure. Provide examples from the textbook. the textbook reference: Mankiw, N. G. (2021). Principles of microeconomics 9th Edition. Cengage need example from this textbook
  • Supply and Demand Equilibrium: Describe how government intervention affects the supply and demand equilibrium. Refer to the simulation game to explain your responses.
  • Consumer or Producer Surplus: Specify which government interventions cause a consumer or producer surplus. Explain how they impact consumer or produce surplus. Provide examples from the textbook.

Externalities without Policy Interventions

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