What does Marx mean by the term primitive accumulation ,why might it be important in evaluating the legitimacy of the Transaction Cost Economics framework?

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Using the language of and components of the circular flow diagram, identify which institution or group of institution (s) of the circular flow model is (are) missing? Explain how you might include those groups into this model. Answer the questions: In what way are business and households both sellers and buyers in this model? What are the flows in this circular flow model? Base your argument on an example from the current economic situation in the U.S. or abroad and explain why market economies usually do a better job than command economies.

N Course: EC 201 Microeconomic P X MindTap - Cengage Learning X MindTap - Cengage Learning consider the market for bolts. su X + ← C ✰ng.cengage.com/static/nb/ui/evo/index.html?deploymentId=56960519240215212983351261543&eISBN=9781305648173&id=1488825708&snapshotld=2941604& L Kathryn ✓ CENGAGE MINDTAP Q Search this course My Home Homework (Ch 05) X Courses Back to Assignment Catalog and Study Tools Attempts Keep the Highest / 2 Rental Options 5. The effect of negative externalities on the optimal quantityof consumption College Success Tips Career Success Tips Consider the market for bolts. Suppose that a hardware factory dumps toxic waste into a nearby river, creating a negative externality for those living downstream from the factory. Producing an additional ton of bolts imposes a constant external cost of $175 per ton. The following graph shows the demand (private value) curve and the supply (private cost) curve for bolts. RECOMMENDED FOR YOU Use the purple points (diamond symbol) to…