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Author Question: There are 12 families in a gated community that are affected by air pollution from a local factory. ... (Read 28 times)

hubes95

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on: Apr 19, 2019

There are 12 families in a gated community that are affected by air pollution from a local factory. The pollution could be reduced if the company spent $24,000 on upgraded ventilators. The company agrees to install the ventilators if the affected families contribute the $24,000. Since there are no legal restrictions governing the factory's air pollution the negotiations fail. This outcome is an example of the


◦ free-rider problem.
◦ drop-in-the-bucket problem.
◦ Coase theorem.
◦ problem that arises when property rights are not defined.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by hubes95 on Apr 19, 2019

Jossy

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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hubes95

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Reply #2 on: Apr 19, 2019
Thank you!


Jossy

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Reply #3 on: Apr 19, 2019
Always glad to help...


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