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Finally: j) The agency needs to be able to justify its intended actions to reduce Thneed-related externalities to a budget-conscious legislature, so you now need
Finally: j) The agency needs to be able to justify its intended actions to reduce Thneed-related externalities to a budget-conscious legislature, so you now need to explain, briefly, why these externalities and their associated deadweight loss are an ECONOMIC problem. Note that your audience (the legislature via an agency official, not your professor) might not be an economist, so don't rely on economic jargon. Rather, explain in real, human terms what is going on. Please type your answer here
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