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reflect on the decisions you made in the simulation and address the following government intervention options in your submission: Government Tools : Discuss tools available
reflect on the decisions you made in the simulation andaddress the following government intervention optionsin your submission:
- Government Tools: Discusstoolsavailable to thegovernmentto correct a market failure. Provide examples from the textbook.
- Supply and Demand Equilibrium: Describe how government intervention affects thesupply and demand equilibrium. Refer to the simulation game to explain your responses.
- Consumer or Producer Surplus: Specify which government interventions cause aconsumer or producer surplus. Explain how they impact consumers or produce surplus. Provide examples from the textbook.
Externalities Without Policy Interventions
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