Which ban would be easier to enforce

Reference no: EM131347403

1. If, in exercise 8, the MC and MSC columns were reversed, you would have an example of what? Would too much or too little of the good be produced?

2. Compare a ban on trans fats to a ban on cocaine. What do the markets look like? How are they different? Which ban would be easier to enforce? Explain.

Reference no: EM131347403

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