Suppose you are assigned the task of drafting a law to


Suppose you are assigned the task of drafting a law to impose a tax on smoke emissions. What provisions would you put into the law? a. How would you decide the size of the tax? b. What would you do about smoke emitted by a municipal electricity plant? c. Would you use the same tax rate in densely and sparsely settled areas? What information will you need to collect before determining what you would do about each of the preceding provisions?

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Business Economics: Suppose you are assigned the task of drafting a law to
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