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In at least 150 words, answer the questions below.
What difficulties occur when government attempt to use Ligurian taxes/ subsidies to address externalities.
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- Explain one negative externality and one positive externality that is currently happening in your country. What is your country's government doing to fix the issues of the negative externality?How does the plastic pollute the environment in Bangladesh during the year 2018-2022. Detail explanation in 1500 words with all the data.Identify a newspaper article that illustrates a market failure in your assignedCaribbean country. Ensure that you provide a screenshot of the article in your submission. NOTE: Only the following market failures should be examined: public good, asymmetric information, positive or negative externality. (i) Provide a brief summary of the main points in the article. (Maximum 30 words) (ii)Identify the type of market failure being discussed in the article and discuss why market failure occurs in this scenario. (iii) Suggest a relevant government policy that would yield the efficient outcome andcarefully explain the process through which the implementation of the government policy will lead to the optimal outcome. (Maximum 30 words) (iv) How will the imposition of the chosen government policy impact consumer surplus, producer surplus and total surplus in this scenario? (Maximum 30 words)
- What are the objectives of the public sectorExternalities Do you think that there would be external effects associated with Water from a uranium mine leaking into Kakadu National Park? If so, what would be the nature of the external effects? Can you think of policies that might deal with each external effect (that is, improve social wellbeing)?How did California lead the way in terms of state environmental policy?
- What are externalities; and how the government can fix itI'm struggling with this question, I have an understanding of what negative externalities are, but I'm not sure how they are handled. Some help would be much appreciated!Individuals go for flu injection not only protect themselves against flu but also help to prevent the disease from spreading in the community. (a) What type of externality occurs in the flu injection market? (b) Is the market outcome efficient? (c) What can the government do to rectify the externality issue?
- c) External costs in T-shirt production According to the World Wildlife Fund (WWF), it takes 2700 litres of water to produce one T-shirt. Water is used not only to grow cotton but also to dye clothing. Cotton growers use pesticides and chemicals that pollute the water. The pesticides and chemicals that remain in the environment harm animals and plant life. The WWF has been working with governments to help reduce this pollution. It advises them to introduce more regulation and to fine companies that pollute. Clothing manufacturers argue that this will add to their costs and mean they will supply less. This may mean they employ fewer people and will help reduce water pollution as less clothing is being manufactured. Fines will punish those that pollute while also earning the government revenue it can use to clean up the pollution. The fines must also be large enough to persuade firms to stop polluting. With reference to the information given in *External costs in T-shirt production' and…Topic: Externality - Pigou i need part d,e,fSuppose you are the Minister of the Environment. What actions /will you implement to insure sustainability in your country. Explain your choice