Discuss and explain positive and negative externalities with emphasis on pollution and what can be done to fix inefficiency.

Discuss and explain positive and negative externalities with emphasis on pollution and what can be done to fix inefficiency.

2. Discuss the tragedy of the commons with examples and illustrate withe graphs. Explain the 3 main methods used to achieve the efficient use of a resource
3. Discuss the short and long run scenarios for a business output decision and its costs. Explain, and illustrate(with graphs)

4. Explain and illustrate(with graphs) a firms supply and demand for labor