Micro Economics For Today
Micro Economics For Today
10th Edition
ISBN: 9781337613064
Author: Tucker, Irvin B.
Publisher: Cengage,
Question
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Chapter 14, Problem 9SQP
To determine

Lack of willingness of consumers to pay for the pollution in the absence of Government regulations.

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Students have asked these similar questions
assume you are an average american driver. using the 2014 emission totals, how many pounds of nox emission are you responsible for creating? how many pounds would you prevent if you were to reduce by half of the vehicle miles you travel? what percentage of your total nox emissions would that be?
Can you think of a reason why making cars safer would create negative externalities?
What public policy approach would be most reasonable to protect consumers from harmful products? How might market and economic forces play a role in protecting consumers?
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