When the fines for speeding in an area are raised, does that reflect the belief by law

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When the fines for speeding in an area are raised, does that reflect the belief by law enforcement authorities that there is a downward sloping demand for speeding? Does the copayment of part of members’ bills many health insurance plans require members to pay imply they believe in a downward sloping demand for medical care?

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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