9 ECONOMICS OF ILLICIT DRUGS In reference to the optimal level of drug consumption, explain how the Pigou taxation solution works. (Hint: externality model)

Economics (MindTap Course List)
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ISBN:9781337617383
Author:Roger A. Arnold
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Chapter30: Market Failure: Externalities, Public Goods, And Asymmetric Information
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9 ECONOMICS OF ILLICIT DRUGS In reference to the optimal level of drug consumption, explain how the Pigou taxation solution works. (Hint: externality model)
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