*Question: Consumer or Producer Surplus: Specify which government interventions cause aconsumer or producer surplus. Explain how they impact consumer or produce surplus. Provide examples.

Overview

This simulation checkpoint assignment directly supports your success on the course project. You will play the simulation games, create the image file of your simulation report, and discuss learned concepts and experiences in your submission.

Directions

For this assignment, first play the simulation games Externalities Without Policy Interventions and Externalities With Policy Interventions in the MindTap environment. Then you will report your experiences playing those games. Your work in this assignment will directly support your success on the course project.

In your submission, remember to include the images of your simulation reports. See the How to Submit a Simulation Report Image document for more information. Then, reflect on the decisions you made in the simulation andaddress the following government intervention optionsin your submission:

*Question: Consumer or Producer Surplus: Specify which government interventions cause aconsumer or producer surplus. Explain how they impact consumer or produce surplus. Provide examples.