Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter12: Environmental Protection And Negative Externalities
Section: Chapter Questions
Problem 37CTQ: Can extreme levels of pollution hurt the economic development of a high-income country? Why or why...
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Question
1. regulations to limit air pollution
(b) provide two problems if the government does not intervene in the situation(market failure)
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