1. Some people have suggested that certain public lands would be managed more efficiently if they were...

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1. Some people have suggested that certain public lands would be managed more efficiently if they were auctioned off to the highest bidders. In theory, the highest bidder would put the land to its highestvalued use. Employing a market valuation, that use might be logging or developing the land for vacation homes. Su an auction would provide the government with revenue, whi could be used for socially beneficial purposes or for lowering taxes. Do you think that some public lands should be sold to private interests?

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Microeconomics In Context

ISBN: 9781138314566

4th Edition

Authors: Neva Goodwin , Jonathan M. Harris, Julie A. Nelson , Pratistha Joshi Rajkarnikar , Brian Roach , Mariano Torras

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