ECON MICRO
5th Edition
ISBN: 9781337000536
Author: William A. McEachern
Publisher: Cengage Learning
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Question
Chapter 16, Problem 2.3P
To determine
The various categories of legislation based on the distribution of costs and benefits with the help of example.
Concept Introduction:
Different categories of legislation are based on the following categories of distribution:
- Widespread benefits and widespread costs
- Concentrated benefits and widespread costs
- Widespread benefits and concentrated costs
- Concentrated costs and concentrated benefits
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