Please write three, separate, 400 word essays that address the following concepts. Be sure to discuss the concepts themselves as well as the relationship between the concepts. You will want to include graphs, diagrams and figures to help illustrate key concepts.
Please be sure to use other sources of information as needed. It is very important that you properly reference your sources of information. “Cite your sources” cannot be overemphasized. Always give credit where credit is due!
a) Economic Efficiency and Markets
b) Externalities and Environmental Problems
c) Social Costs and Private Costs