BSB113: Micro-Plastic Pollution - Potential Economic Costs - Economics Assessment Answer

BSB113 Economics Assessment Task

You are required to provide:
1. an overview of issues related to micro-plastic pollution from tyre wear and tear, inclusive of the extent/size of the problem and the potential economic costs borne by both individuals and society.
2. a description of the relevant economic theory to explain the effects of tyre wear and tear on economic efficiency of private car consumption (travel)
3. a critical analysis of a. an economic policy solution that would result in an economic efficiency outcome
b. a reduction in micro-plastic pollution from wear and tear of tyres as a result of an innovation

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