Decide whether each of the following externalities is serious enough Decide whether each of the…

Decide whether each of the following externalities is serious enough

Decide whether each of the following externalities is serious enough to warrant collective action. If so, which of the four remedies considered in this chapter would be most efficient?

a. Steel mills emitting sulfur oxides into the Birmingham air

b. Smoking by people in restaurants

c. Smoking by students without roommates in their own rooms

d. Driving by persons under the influence of alcohol

e. Driving by persons under age 21 under the influence of alcohol

Decide whether each of the following externalities is serious enough

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