EBK MICROECONOMICS
2nd Edition
ISBN: 8220103679701
Author: List
Publisher: YUZU
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Question
Chapter 17, Problem 11P
(a)
To determine
Firms would produce safe space heaters as it is more efficient.
(b)
To determine
Firms will sell safe space heaters only when the damages are not incurred by them
(c)
To determine
Firms will produce safe space heaters when the congress makes the firm liable for the damages incurred from the unsafe heaters.
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