Government policies with respect to the recycling
Can you explain how different government policies with respect to the recycling of aluminum and paper might account for these different market outcomes?
Expert
Various government policies could cause these different market outcomes. For example, requiring the use of recycled aluminum in can production could raise its demand; requiring refundable deposits on cans at the time of purchase could give them a value not given to newspapers; giving tax breaks for the use of recycled aluminum and not for recycled newspapers would also encourage demand for aluminum and not for newspapers.
An individual seller within perfect competition will not sell at a price lower than the market price since: w) demand for the product will exceed supply. x) the seller would begin a price war. y) the seller can sell any quantity she desires at the prevailing mar
Just need help to see if I am in the right direction if there any think wrong need help with it.
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