Expand your discussion of the market from Part I, using what you have learned about market failures/problems and the feedback you received. Discuss why the market failure occurs and include the correct graph.
Consider catch shares and the positive aspects of this government intervention. Explain the current government intervention and exactly how it corrects the market failure. Include any other positive aspects of catch shares that you find through your own research.
The body of the text must be at least 4 full pagesdouble-spaced, 1″ margins, and size 11 Calibri FONT. Title/title page is not included in page count. Graphs, tables, figures, images, and references page should be included at the end of the text and are NOT to be included in the page length requirement.
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