Describe a real-world government policy that creates a market surplus
Environmental Economics
Week 1 forum
Describe a real-world government policy that creates a market surplus. Be sure to carefully define the relevant market and the stakeholders that are involved in the market. Explain the efficiency implications of the policy you have picked. Make sure to relate your answer to the producer, consumer, and total surplus in the market. In the instance you have described, what is the government’s motivation for intervening in the market in this way? Will a deadweight loss exist in your example, please explain your analysis? 250 words with in text citation and references.
Week 2 forum
One of the major problems in applying the Coarse Theorem in practice is the existence of high transaction costs. Propose an approach that a third party could use that would reduce these costs sufficiently so that bargaining could
proceed. How likely is the solution to be efficient, and why? Do you think government intervention in the market will allow for markets to allocate resources, efficiently or not? 250 words with in text citation and references.
ASSIGNMENT (PROJRCT1)
In this paper, you will be investigating your local area or state and identify one scarce resource. Please identify an environmental policy or program you plan to examine in the paper that has been used to deal with this scarce resource. Make sure that the proposed topic has a sustainability component to it. Define the policy or program, discuss its importance/relevance, outline its scope and objectives, and identify the stakeholders that are in the project. Do you think the policy or program to deal with this scarce resource will allow for more sustainability or not? What are your recommendations given all of the research you have done? Do you agree with the regulations/laws that have been proposed to help bring about sustainability? This paper should be five pages in length, which does not include your title and reference page that should be in APA formatting. You will need to make sure that you have at least 5 academic sources in your paper that are clearly noted to help either support or refute your position. You will need to include either one graph or table in your paper to present the data you are working with.
Please submit a three to five page paper; this does not include your title page nor your reference page. The project should address all questions listed above.
The project should be in APA Format and incorporate research and sources should be credited using APA format. Academic research should include text books, journals, articles and organizational resources.
WRITING EXPECTATIONS
All written submissions should be submitted in a font and page set-up that is readable and neat. It is recommended that students try to adhere to a consistent format, which is described below.
Typewritten in double-spaced format with a readable style and font and submitted inside the electronic classroom (unless classroom access is not possible and other arrangements have been approved by the professor).
Arial 12-point font or Times New Roman styles.
Page margins Top, Bottom, Left Side and Right Side = 1 inch, with reasonable accommodation being made for special situations and online submission variances.
CITATION AND REFERENCE STYLE
Assignments completed in a narrative essay or composition format must follow APA format.
PLAGIARISM
1.All students are expected to commit to the highest level of academic honesty and personal integrity.
2.Students are required to use turnitin.com for written assignments and submit the results with their assignments.
3.If students do not do use turnitin.com, the instructor will accomplish this.
4.Students do not receive a grade for plagiarized work.
5. All incidents of plagiarism are reported to academics for the proper academic sanctions.
6.Instructions for using turnitin.com are in the course material link.
Solution preview
When the quantity supplied exceeds quantity demanded at the current price in the market, we get a surplus. The demand curve slopes downward when the prices of goods rises while the supply curve slopes upwards. This is because when the prices goes up, demand for the goods will go down while its supply will rise……………….
APA
1677 words