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What does a ban on smoking in the restaurant do

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Reference no: EM132667828

Smokers impose negative externalities on nonsmokers. Suppose the airspace in a restaurant is a resource owned by the restaurant owner.

A. How would the owner respond to the negative externality caused by smokers?

B. Suppose smokers own the airspace. How would that change matters?

C. If the government gives ownership of the air to non smokers , would that change matters?

D. What does a ban on smoking in the restaurant do?

Reference no: EM132667828

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