5 Policy application . Suggest at least two appropriate ways to address each of the following kinds...
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5 Policy application . Suggest at least two appropriate ways to address each of the following kinds of externality problems:
(a) noise pollution from a neighbor who insists on mowing his lawn at 7 a.m. Sunday morning;
(b) rundown houses that reduce property values
(c) overcrowding on a public beach
(d) underinvestment in post-secondary education
(e) higher health costs for everyone to cover indigent care for newborns because mothers in low-income families fail to get adequate prenatal care
(f) accidents due to driving under the infl uence of alcohol.
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