EBK MICROECONOMICS
2nd Edition
ISBN: 9780134524931
Author: List
Publisher: YUZU
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Textbook Question
Chapter 9, Problem 2P
A friend in your environmental economics study group suggests that taxes on pollution are ineffective because they do not eliminate all pollution. Based on the ideas from this chapter, explain what is wrong with this argument. Should the goal of any policy be to eliminate all pollution? If not, what should be the goal?
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