<PAPER 3>
<PAPER 3>
--PART B: RECOMMEND A POLICY Q--
IDENTIFY AN 'APPROPRIATE POLICY' (ONLY ONE!!!!) for achieving the desired outcome, and fully explain (with the aid of a diagram if you think necessary) how this policy theoretically aims to achieve this outcome.
Use all the correct terms associated with this economic concept.
The policy you choose is in response to a scenario outlined in the question paper, which provides FACTS and FIGURES for you to use in your answer.
Evaluate all the reasons for the choice as well as all the reasons why it may be inappropriate or ineffective.
There is no need to offer alternatives.
--PEER MARKING ACTIVITY # 1--
DO NOW! READ THIS AND IDENTIFY THE TYPE OF EXTERNALITY
TASK: You will be creating a 10-mark answer step-by-step, using the level descriptors above. You will then get a rubric to mark the work.
Using the text/data provided and your knowledge of economics, recommend a policy
which could be introduced by the government of Chile to address market failure in the
salmon farming industry.
Read the accumulated data related to the M25 policy paper
Next, in the Padlet, start typing your
appropriate policy
justification