Question:
Why should the government intervene in situations of market failure? Include your example enough economic analysis and tools that the course content is reflected. This is an opportunity for you to "bridge" the material on regulation with aspects of market failure and with what we have been reading about corporate social responsibility. Please do not include "macroeconomic" based answers as this has not been part of the course content. Also please include an example. Again the expectation is that you will include thoughts about market failure, regulation, and corporate social responsibility within the context of an example you create and document