This questiоn relаtes tо externаlities аnd pоtential solutions. What is market inefficiency and how does the existence of a market inefficiency result from an externality? (2pt) Explain why in areas where buildings sit close together, tax breaks (subsidies) are provided to owners that install extra fire equipment. (3pts) In the market for extra fire equipment would demand or supply shift to arrive at your potential solution. Which direction would the shift occur? (3pts) Is the tax break justified? Explain. (3pts)