Plastics Problem and Solution
What country has a plastics problem?
What is Fiji?
One effect of the plastics problem is...
What is...
- burning plastics
- health problems
- environmental damage
- microplastic consumption
This type of cost is what firms consider when pricing their goods.
What is internal cost?
What is costs?
What is the downward-sloping curve?
What is demand
Where does most plastic come from to Fiji?
What are "other countries"? Ex. Philippines, Peru, Panama, Indonesia. Only
If a cause of the plastics problem is the lack of waste disposal sites, an effect is...
Many acceptable answers. Ex. What is plastic drifting to sea?
This type of cost is another word for external cost
What is environmental cost?
If there is a negative externality, the market is __________producing.
What is overproducing?
What shape is DWL?
What is one solution to the plastics problem?
What is...
- Upcycle
- Investment
- Innovation/Invention
If a cause of the plastic pollution problem is burning plastic, a negative health effect is...
Many acceptable answers. Ex. What is respiratory diseases?
Allocative efficiency requires companies to ______________(increase/decrease) production so that they consider their external costs.
What is decrease?
The allocatively efficient quantity is when Pa is ______(</>)Pe.
What is greater than?
What is fishermen?
What are the pros and cons of a solution to the plastics problem?
Many acceptable responses!
If a cause of the plastics problem is plastic bottles everywhere in Fiji, a positive economic effect is...
What is a buyback program?
With a tax, the goal of the government is for firms to price their goods using _____________ cost.
What is external cost?
If the government imposes a tax, the price suppliers receive is __________(</>) Pa, the allocatively efficient quantity.
What is less than?
What is SIDS? Small Island Developing State
How much of the plastics problem in Fiji originates in Fiji?
What is 28%?
If an effect of plastic problem is economic growth, what is a cause?
What is Fiji Water?
Before the tax, the price of the bottle would be $_____(1/2). This is too ________ because firms only consider their ___________ costs. The tax moves the price to the ____________________ _____________ quantity.
What is $1, low, allocative efficient?
This is the difference between the current production and the allocative efficiency.
What is DWL?
Plastic travels to Fiji from other countries because...
What is a Gyre?