explain how consumption of plastic straws creates pollution, for example in the oceans. The pollution is unhealthy for sea life and reduces the utility humans get from oceans. Suppose each box of plastic straws causes $4 of harm to people outside the plastic straw market.

2. The news article "Plastic Straws" (FILES>News Articles>market failures) explains how consumption of plastic straws creates pollution, for example in the oceans. The pollution is unhealthy for sea life and reduces the utility humans get from oceans. Suppose each box of plastic straws causes $4 of harm to people outside the plastic straw market. P S $15 $10 $5 D - Plastic straws (boxes) 5000 10,000 15,000 20,000 a. State below and show on the graph above how the market equilibrium price and quantity of plastic straws compares to the efficient price and quantity. (6) b. What government policy could (in theory) make this market efficient? Be exact. (2)