Business, 03.01.2020 23:31 mpchop

Suppose your city is committed to raising $100 million for a new arena. the mayor suggests putting a tax on taxicab rides since out-of-towners disproportionately use taxicabs.

(a) evaluate the wisdom of this policy decision and explain your reasoning
(b) use the rent gradient to show why new york did not build a new stadium for the yankees in midtown manhattan.

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Suppose your city is committed to raising $100 million for a new arena. the mayor suggests putting a...