Principles of Microeconomics, Student Value Edition Plus MyLab Economics with Pearson eText -- Access Card Package (12th Edition)
Principles of Microeconomics, Student Value Edition Plus MyLab Economics with Pearson eText -- Access Card Package (12th Edition)
12th Edition
ISBN: 9780134421315
Author: Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher: PEARSON
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Chapter 10, Problem 3.5P
To determine

Lack of zoning laws and the housing market crisis.

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The City of Ditty passes a law that requires all pizza delivery persons to sing to customers when delivering pizza.  Tone Deaf, the owner of the “No Frills Pizza Restaurant” challenges the law as being a denial of Equal Protection of the Laws because pizza delivery persons are being treated differently from other delivery persons or other restaurant employees. The City of Ditty claims that its governmental interest in passing the law was part of its overall economic plan to attract music industry type businesses to Ditty by creating a “music-friendly” city.  If the Court finds this to be a legitimate governmental interest, what else must Ditty prove in order to win its case?  the law is necessary to achieve that interest.  the law directly advances that interest.    the law creates the least restrictions on important fundamental rights while advancing that interest.  the law is reasonably related to achieving the legitimate interest.  the law is supported by more than half the city…
Friedrich von Hayek won the Nobel Prize in Economics in 1974. In awarding the prize, the Academy specifically referred to his conclusion quoting the Academy, not Hayek "that only by far-reaching decentralization in a market system with competition and free price-fixing is it possible to make full use of knowledge and information." What did the Academy mean?
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