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This question will not be used in any assignment, it's asked just to verify my own answer with a tutor level answer. Read The World

This question will not be used in any assignment, it's asked just to verify my own answer with a tutor level answer.

Read The World Eats Cheap Bacon at the Expense of North Carolina's Rural Poor. (https://qz.com/433750/the-world-eats-cheap-bacon-at-the-expense-of-north-carolinas-rural-poor/)

  1. How can we describe this problem as one of negative externalities?
  2. If the market is unregulated, what will be the market equilibrium price of gasoline and equilibrium quantity of gasoline Bacon and pork products? Waste?) Why might a tax not ultimately solve this problem? (Your answer should approximately 150 words no specific format required)

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