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Consider Snarlsville, a city that will vote on a proposed revenue-neutral con- gestion tax. Consider the following statement from the Chamber of Commerce: “The tax will be bad for business, so we urge all business owners to vote NO.” Suppose “bad for business” means “sales revenue will decrease.” a. The congestion tax will be [bad, good] for business because... b. A landowner in Snarlsville should vote [no, yes] because... c. A person who owns land in a nearby city should vote [no, yes] because...
Chapter 10, Problem 4(choose chapter or problem)
Consider Snarlsville, a city that will vote on a proposed revenue-neutral con- gestion tax. Consider the following statement from the Chamber of Commerce: “The tax will be bad for business, so we urge all business owners to vote NO.” Suppose “bad for business” means “sales revenue will decrease.”
a. The congestion tax will be [bad, good] for business because...
b. A landowner in Snarlsville should vote [no, yes] because...
c. A person who owns land in a nearby city should vote [no, yes] because...
Questions & Answers
QUESTION:
Consider Snarlsville, a city that will vote on a proposed revenue-neutral con- gestion tax. Consider the following statement from the Chamber of Commerce: “The tax will be bad for business, so we urge all business owners to vote NO.” Suppose “bad for business” means “sales revenue will decrease.”
a. The congestion tax will be [bad, good] for business because...
b. A landowner in Snarlsville should vote [no, yes] because...
c. A person who owns land in a nearby city should vote [no, yes] because...
ANSWER:Step 1 of 4
The statements from the Chamber of Commerce are: “The tax will be bad for business, so we urge all business owners to vote No.” Suppose “bad for business” means “sales revenue will decrease”.