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alright so in this video were going to come back to our negative externality and were were going to look at how to correct negative external using taxes so correct were looking at correcting a negative externality using taxes with a and this is this tax has a special name this is called a pigouvian tax after Pegula they came up with this idea or its also can be sometimes called just a corrective tax in general okay so lets look at what the problem is and then lets figure out how we can use the tax to solve this problem okay so lets remind ourselves of this problem so this was our market equilibrium and our market equilibrium is inefficient we can just at our market again we have this much we have this much of when we compared to the efficient one we want to get to this efficient one so in the in between in this in-between part we have this much cost Im going to outline the cost in red we have this much cost but we only in the in that in in between those two we only have this m
