1. How does a city's decision to assess substantial fines on rail operators that persistently generate traffic...
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2. Why do you think that the federal government requires rail operators to mount expensive horns and sound them - at prescribed decibel levels- at all street crossings? (Hint: what significant negative spillovers can a train create at a street crossing?)
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1 Substantial fines effectively raise the costs of rail servi...View the full answer
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