Explain why zoning laws, which allow certain land uses only in specifific locations, might be justifified in dealing with a problem of negative externalities. Explain why tax breaks to businesses that set up in areas of high unemployment might be justified in view of positive externalities. Explain why excise taxes on beer might be justifified in dealing with a problem of external costs.
Explain why zoning laws, which allow certain land uses only in specifific locations, might be justifified in dealing with a problem of negative externalities. Explain why tax breaks to businesses that set up in areas of high unemployment might be justified in view of positive externalities. Explain why excise taxes on beer might be justifified in dealing with a problem of external costs.
Chapter4: Markets In Action
Section: Chapter Questions
Problem 19SQ
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Explain why zoning laws, which allow certain land uses only in specifific locations, might be justifified in dealing with a problem of negative externalities. Explain why tax breaks to businesses that set up in areas of high
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