8. Scarcity rent is often treated as a revenue source; reducing it often benefits consumers. Policy-makers use
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8. Scarcity rent is often treated as a revenue source; reducing it often benefits consumers. Policy-makers use this rationale to curb energy prices. Provide a reason, apart from producer’s gains, to avoid this principle.
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Environmental And Natural Resource Economics
ISBN: 9781315523965
10th Edition
Authors: Thomas H Tietenberg, Lynne Lewis
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