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Author Question: There are 500 families in a neighborhood that are affected by air pollution from a local factory. ... (Read 50 times)

stevenposner

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on: Apr 19, 2019

There are 500 families in a neighborhood that are affected by air pollution from a local factory. The pollution is within legal limits, but could be reduced further if the company spent $10,000 on upgraded ventilators. The company agrees to install the ventilators if the affected families contribute the $10,000. A committee starts to collect donations to pay for the ventilators. Which of the following is most likely to occur?


◦ Because there are relatively few families involved and the individual contribution is so small, all families will voluntarily contribute.
◦ Because each individual contribution is so small and individuals will benefit from the reduction in air pollution whether they contribute or not, most people will not contribute and the firm will not upgrade the ventilators.
◦ Even if the families raise $10,000, the firm will not reduce its air pollution since it is within legal limits.
◦ The courts will force the firm to spend the $10,000 regardless of whether or not the families contribute the money.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by stevenposner on Apr 19, 2019

Joy Chen

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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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stevenposner

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Reply 2 on: Apr 19, 2019
Excellent

xthemafja

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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