12. A regulator who addresses pollution separately examines the situation. Please compare net benefits for the monopolist who pollutes with net benefits for the monopolist who pays the full costs of pollution. Will this regulator increase net benefits by taxing pollution? Exercise 2: True of False? (5 points) Please justify your answer with 1-2 sentences. 1. A positive externality is typically over-provided by private markets. 2. In an oligopoly market structure, there are no deadweight losses. 3. National defense, toll roads, and city parks are examples of public goods. 4. When too many fish are harvested from a public fishery, this is an example of the tragedy of the commons. 5. The Coase Theorem states that bargaining will lead to a socially efficient outcome, regardless of the initial allocation of property rights and the magnitude of transaction costs