Question: a. How would the owner respond to the negative externality caused by smokers? b. Suppose smokers own the airspace. How would that change matters? c.

a. How would the owner respond to the negative

a. How would the owner respond to the negative externality caused by smokers? b. Suppose smokers own the airspace. How would that change matters? c. If the government gives ownership of the air to nonsmokers, would that change matters? Explain your answer. d. What does a ban on smoking in the restaurant do

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