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market failure
carbon tax, co2 emissions; negative externality of climate change
emissions trading scheme; trade pollution permits
minimum pricing of alcohol to deal with negative externality
EXTERNALITIES
MARKET STRUCTURES
MES point on AC curve (LRAC)
monopoly regulation, privitisation, nationalisation, deregulation
energy prices
CMA blocked sainsburys/asda
windfall tax/ energy and also profit of major tech companies
price discrimination
labour market
trade unions n possible links to inequality / wage differentials
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