Economics: Principles & Policy
14th Edition
ISBN: 9781337696326
Author: William J. Baumol; Alan S. Blinder; John L. Solow
Publisher: Cengage Learning
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Question
Chapter 11, Problem 1TY
(a)
To determine
The social advantage of increasing the price of electric power when people use air conditioner during hot days.
(b)
To determine
The social advantage of the increase in the price of water in drought-stricken areas.
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Chapter 11 Solutions
Economics: Principles & Policy
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