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As chief economic advisor to the mayor of Factoryville, you've been asked to provide some solutions to a conflict between two large industries - paperclip
As chief economic advisor to the mayor of Factoryville, you've been asked to provide some solutions to a conflict between two large industries - paperclip production and fishing. In Factoryville, a paperclip manufacturing firm by the name of Bend It Once Paperclips employs approximately 2,000 employees. Bend It Once Paperclips happens to be located right next to the bay, and the way in which they produce paperclips causes a lot of emission runoffs into the bay. Local commercial fishermen in the town who have seen their business decline by close to 50%, have been writing to the mayor and city council for years about the method the firm releases its emissions, with no success. Your job as chief economic advisor is to propose two solutions to try to resolve the conflict and to help reduce the pollution in the water. One of your solutions should involve government intervention, the other should not. Provide examples of similar situations in the real world to support your proposal
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