How might an economist suggest modifying the law


Problem

Suppose an air-quality law is passed that requires 3.75 percent of all the cars sold to emit zero pollution. a. What would be the likely impact of this law?

b. Can you think of any way in which this law might actually increase pollution rather than decrease it?

c. How might an economist suggest modifying this law to better achieve economic efficiency?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: How might an economist suggest modifying the law
Reference No:- TGS02120254

Expected delivery within 24 Hours