Business, 10.03.2020 07:06 lisacarter0804

Suppose the state of Illinois passes a law that bans smoking in restaurants. As a result, residents of Wisconsin who do not like breathing second-hand smoke begin driving across the border to Illinois to eat at restaurants there. Which of the following principles does this best illustrate?a. People respond to incentives b. Rational people thank at the margin c. Trade can make everyone better off d. Markets are wually a good way to orpganize economic activity

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Suppose the state of Illinois passes a law that bans smoking in restaurants. As a result, residents...