The owners of some commercial ships may place a higher value on avoiding dangerous shoals than do
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The owners of some commercial ships may place a higher value on avoiding dangerous shoals than do other commercial ship owners. Provide a reason why this is likely to be the case and explain how it would affect the value of lighthouses for the different ship owners.
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Related Book For 
Public Finance In Canada
ISBN: 9781259030772
5th Canadian Edition
Authors: Harvey S. Rosen, Ted Gayer, Jean-Francois Wen, Tracy Snoddon
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