The cost of any ac4on is measured in terms of

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: the op4on to work for higher wages in factories that aren’t as safe. Such workers would be worse off if the government required all firms to provide equally safe condi4ons. c. Public highways. The alterna4ve would be toll highways operated by the private sector. People who use highways more would pay more, and people who use them less would pay less, which seems fairer than having everyone pay equally for highways. (Actually, everyone does not pay equally - people who use public roads more buy more gas, and there...
View Full Document

This homework help was uploaded on 03/11/2014 for the course ECON 1 taught by Professor Nagata during the Spring '08 term at UCLA.

Ask a homework question - tutors are online