Read the article and use it as a starting point for thinking about public policy solutions to a market failure.
After reading, develop a brief (1250 word minimum; points will be deducted for not meeting requirement) essay (typed and double-spaced) that addresses the following questions/ideas:
What two public solutions to externalities discussed in this course are mentioned in this article as policy options to limit plastic bag use? (2 points)
Discuss the pros and cons of these two policy options from an economic perspective.
What would have to be true of plastic bag use for an outright ban to be the efficient solution? Include a graph as a figure in your paper to support your answer (2 points)
How would you choose to address plastic pollution in Oregon if you were the governor? support your arguments with three (3) pieces of evidence, which must include at least one (1) popular press news article and one (1) academic journal articles. (4 points)
Use the OSU LibraryLinks to an external site. to search for relevant journal articles to use to support your arguments.
You must include your references formatted following the Chicago manual.
