Watch the original version of Dr. Seuss' The Lorax.

From a microeconomics perspective, provide an analysis of what each of the following could represent in a modern-day marketplace:

1. The Once-ler

2. The Lorax

3. A Thneed

4. The last Truffula tree seed

5.Identify three additional microeconomic concepts presented in this film.Provide a brief definition of the concept and explain how it is demonstrated in the film.