Certain aspects of the Covid19 pandemic can be explained by the concepts of externalities and characteristics of public goods. By identifying specific examples, discuss and explain the statement based

Certain aspects of the Covid19 pandemic can be explained by the concepts of externalities and characteristics of public goods. By identifying specific examples, discuss and explain the statement based on the concepts you have learnt, and explain how government interventions could address the issues identified, including the use of suitable hypothetical graphs to support your explanation.