1.4. In Chapter 10, you'll see that we recently purchased permits to pollute the air with sulfur...

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1.4. In Chapter 10, you'll see that we recently purchased permits to pollute the air with sulfur dioxide (S02 ). We didn't use the permits:

Instead, we threw them out. In other words, we bought pennits for the same reason the government buys guns in gun buyback programs-to prevent what we bought from being used. As we discussed in the chapter, gun buyback programs have failed. So why is our plan to buy permits more likely to get so2 out Beginning Good or Service Daily movie ticket sales in Denver, Colorado Weekly milk sales at Loma Vista Elementary School Weekly round-trip ticket sales, New York to San Francisco Annual student enrollments, Upper Tennessee State University Price

$6

$1

$500

$6,000 of the air than the government's plan to get guns off the street?

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Modern Principles Microeconomics

ISBN: 9781429239998

2nd Edition

Authors: Tyler Cowen, Alex Tabarrok

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