Microeconomics
Microeconomics
11th Edition
ISBN: 9781260507140
Author: David C. Colander
Publisher: McGraw Hill Education
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Chapter 8, Problem 6IP
To determine

Check whether an analyst requires to be licensed.

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Insurance premiums are very high for young drivers largely due to the fact that young drivers get into more automobile accidents than other drivers. Do you think that it is fair that young people are charged more for the same insurance that other drivers have? Is it fair that regardless of how good of a driver is, just because a driver is young he or she is charged more for their car insurance?
If you have two major firms that are government-owned but do not use taxes to operate, is privatization the best way to increase social welfare?
Do you think that electronic cigarettes should be taxed and regulated like conventional cigarettes? Explain.

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