[A local construction company, Fast Construction, operates in a residential neighbourhood and generates a high level of noise during its construction activities. The loud noise disrupts the peaceful ambiance of the area, making it uncomfortable for the residents to carry out their daily activities.]

1. [Without any government intervention, will Fast Construction produce a socially optimal quantity? Why or why not? Explain your answer with the help of a suitable diagram.
2. [Does Fast Construction impose a deadweight loss on society? Use your diagram to show the deadweight loss to society.
3. [How can a government intervene to improve upon the outcome from society's point of view?