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There Exists a General Presumption of Sanity,however,explain How the Burden

question 52

Essay

There exists a general presumption of sanity,however,explain how the burden shifts once a defendant raises the issue as an affirmative defense.

Analyze the impact of cooperative versus non-cooperative behavior in markets with externalities.
Understand the concept and application of Pigouvian taxes and subsidies as a means to correct market failures due to externalities.
Recognize the tragedy of the commons and overuse of common resources.
Analyze the impact of strategic behavior on market outcomes, including advertising and inter-firm competition.

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