Microeconomics (2nd Edition) (Pearson Series in Economics)
2nd Edition
ISBN: 9780134492049
Author: Daron Acemoglu, David Laibson, John List
Publisher: PEARSON
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Chapter 17, Problem 9P
(a)
To determine
Explain how negotiations would lead to Johnson eliminating the pollution.
(b)
To determine
The end result of the negotiation would be Johnson’s eliminating the pollution and to determine if Smith’s family are now better-off than before.
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Chapter 17 Solutions
Microeconomics (2nd Edition) (Pearson Series in Economics)
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