New sports facilities are often proposed to have immediate benefits to the city in creating new construction jobs and the like. Explain the reasons that these benefits may overestimate according to economists.
New sports facilities are often proposed to have immediate benefits to the city in creating new construction jobs and the like. Explain the reasons that these benefits may overestimate according to economists.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter13: Positive Externalities And Public Goods
Section: Chapter Questions
Problem 9RQ: In what ways (it) company investments in research and development create positive externalities?
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![New sports facilities are often proposed to
have immediate benefits to the city in creating
new construction jobs and the like. Explain the
reasons that these benefits may overestimate
according to economists.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F25cd9b06-6ee9-4c7b-8e4f-a98fb66e7d95%2Fc3e972c7-afae-4653-bbd4-2d89c8fa3682%2Fsj0516_processed.jpeg&w=3840&q=75)
Transcribed Image Text:New sports facilities are often proposed to
have immediate benefits to the city in creating
new construction jobs and the like. Explain the
reasons that these benefits may overestimate
according to economists.
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