A glue factory and steel mill emit smoke containing a chemical that is harmful if inhaled in large amount .describe the three way the town government.might respond to this externality ,what are the prose and cons of each solution .

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter10: Externalities
Section10.2: Public Policies Toward Externalities
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A glue factory and steel mill emit smoke containing a chemical that is harmful if inhaled in large amount .describe the three way the town government.might respond to this externality ,what are the prose and cons of each solution .

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