Analysis of problems in the aggregation of markets

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Reference no: EM13986930

To get you started concentrate on two distinct chapters in the Schiller textbook. See chapter 4 for an analysis of the problems of individual markets. See chapter 10 for an analysis of problems in the aggregation of markets.

--Identify and summarize the dynamics involved in both kinds of market failure presented.

--How are these different economic breakdowns similar and different?

--Using your knowledge from all of the textbook chapters, what are the best ways to solve these economic problems and why?

Please write down around 500 words.

Reference no: EM13986930

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