Problem
1. In what circumstances will a tax make a market less efficient? In what circumstances will a tax make a market more efficient?
2. The city of Seattle limits each household to one can of free garbage collection per week. There are fees for any extra garbage collected from the curb. Is this policy the most efficient way of reducing waste? Why or why not?
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.