5 Legislation mandating automobiles to be installed with stronger bumpers has presumably made cars both safer and

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5 Legislation mandating automobiles to be installed with stronger bumpers has presumably made cars both safer and more expensive. Do you think this social regulation has been beneficial? Why or why not? Similar legislation requiring that new automobiles be fully equipped with air bags that would automatically open on impact would have the same effects on safety and price. Do you think this regulation should be imposed? Why or why not?

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Essentials Of Economics

ISBN: 396414

2nd Edition

Authors: James D Gwartney; Richard Stroup; J R Clark

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