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Posted on Jun 25, 2024

How to Dispose of Mercury-Filled Light Bulbs Compact fluorescent light bulbs (CFLs) contain mercury and 1,150 kilograms of this toxic substance end up in Canadian

How to Dispose of Mercury-Filled Light Bulbs

Compact fluorescent light bulbs (CFLs) contain mercury and 1,150 kilograms of this toxic substance end up in Canadian landfills each year. A new federal law provides guidance on how to dispose of CFLs in an environmentally responsible way.

Source: CBC News, June 26, 2017

1. a. What is the external cost that arises from CFLs?

b.Draw a graph to illustrate and explain why the market for CFLs is inefficient.

c.How could the market for CFLs be made to operate efficiently? List all the methods you can think of.

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