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1b) its external because it affects everyone
2a)
equity
it is an investment that most likely profits for the country later on because this person is expected to be hard working and pays taxes
2b) because it costs money and seems useless and borrriiiing.. there is also a lot of opportunity cost but in the long term you will gain from it.
3a) cuz you dont think its that bad
<--- long term vs short term = seems good short term
3b) put a high tax on it, cigarettes packaging for alcohol
4a) more demand (profit motive)
4b) prices will be lower and better quality
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