a) In many places airports are restricted from operating during certain hours of the night. Briefly explain why restricting flights at night but not during the day might make sense in terms of the social costs and benefits of operating the airport. b) An alternative approach to mitigating these negative externalities is to charge a tax on flights equal to the external cost produced. Give one advantage and one disadvantage of this approach compared to the ban on nighttime flights outlined in part a.
a) In many places airports are restricted from operating during certain hours of the night. Briefly explain why restricting flights at night but not during the day might make sense in terms of the social costs and benefits of operating the airport. b) An alternative approach to mitigating these negative externalities is to charge a tax on flights equal to the external cost produced. Give one advantage and one disadvantage of this approach compared to the ban on nighttime flights outlined in part a.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Airports generate many negative externalities including noise, air and water pollution, traffic
and habitat loss. On the other hand, airports generate many economic benefits to local
economies and provide a useful form of transport for residents of the areas where they are
built.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6e9f74db-68ca-409f-99ca-c3b15e89955c%2Fc5be5146-5825-4c00-b6fc-9f728a901542%2Fhrc48n_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Airports generate many negative externalities including noise, air and water pollution, traffic
and habitat loss. On the other hand, airports generate many economic benefits to local
economies and provide a useful form of transport for residents of the areas where they are
built.
![a) In many places airports are restricted from operating during certain hours of the night.
Briefly explain why restricting flights at night but not during the day might make sense in
terms of the social costs and benefits of operating the airport.
b) An alternative approach to mitigating these negative externalities is to charge a tax on
flights equal to the external cost produced. Give one advantage and one disadvantage of
this approach compared to the ban on nighttime flights outlined in part a.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6e9f74db-68ca-409f-99ca-c3b15e89955c%2Fc5be5146-5825-4c00-b6fc-9f728a901542%2Fanx80en_processed.jpeg&w=3840&q=75)
Transcribed Image Text:a) In many places airports are restricted from operating during certain hours of the night.
Briefly explain why restricting flights at night but not during the day might make sense in
terms of the social costs and benefits of operating the airport.
b) An alternative approach to mitigating these negative externalities is to charge a tax on
flights equal to the external cost produced. Give one advantage and one disadvantage of
this approach compared to the ban on nighttime flights outlined in part a.
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