1. Briefly explain two sources of market failure that result from markets themselves. 2. Explain one sense...
Question:
1. Briefly explain two sources of market failure that result from markets themselves.
2. Explain one sense in which we live in an economic oligarchy rather than a market economy.
3. Briefly explain and distinguish two forms of "dead capital."
4. Explain one way that corporations benefit from government regulation
5. Given that markets are supposed to resolve or replace forms of conflict and domination, briefly explain one sense in which markets themselvesgenerateconflict and domination.
6. Explain and contrast two ways that publicly-traded corporations conflict with the operation of the market economy, even if they are not monopolies.
7. 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.
Hi, Can someone help me answering these question?
Expert Answer:
Certainly Lets go through each question 1 Two sources of market failure resulting from markets themselves are Externalities When the actions of buyers or sellers in a market have an impact on third pa... View the full answer
