A new health minister proposes to distribute an apple a day (at no cost) to every citizen.
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A new health minister proposes to distribute an apple a day (at no cost) to every citizen. To be effective, the legislation states that the free apples may not be traded or sold. Explain why this “no-trade” policy would violate the efficiency condition (2.1).
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Related Book For
Public Finance In Canada
ISBN: 9781259030772
5th Canadian Edition
Authors: Harvey S. Rosen, Ted Gayer, Jean-Francois Wen, Tracy Snoddon
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