Before deciding on your example for parts (a) and (b), read part (c).:

a) Give an example of an externality affecting your community.

b) How does the externality you identified in part (a) affect you?

c) Describe a policy for internalizing the externality that you identified in part (a).In other words, how can you get people to act in ways that appropriately reflect the impacts on others.Make the case that your policy recommendation balances efficiency and fairness.