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A Pigovian tax for an external diseconomy is Pareto-optimal and reduces the harm done by the externality. Nonetheless, the consumers affected by the externality may
A Pigovian tax for an external diseconomy is Pareto-optimal and reduces the harm done by the externality. Nonetheless, the consumers affected by the externality may well oppose the imposition of the tax.
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
