Question: Please help with these questions below: 1. In your community, what problems with negative externalities can you identify: Some kinds of congestion? Emission problems? Storm

Please help with these questions below:

1. In your community, what problems with negative externalities can you identify: Some kinds of congestion? Emission problems? Storm runoff or flooding? Other? What, if anything do you think should be done about the externalities you identify?

2. A local businessman has applied for a permit to construct a bar that will feature "adult dancing" in a commercially zoned area in view of the entrance to your residential subdivision. As an owner of a $350,000 house within the subdivision, would you favor or oppose this development? What effect do you think it could have on the value of your property? If you were opposed, how could you fight approval of the permit?

3. The property tax has been criticized as an unfair basis for financing public schools. Areas that have high property values are able to pay for better schools than areas having lower property values. Thus, there is an inequality of educational opportunities that tends to perpetuate educational and social disadvantages for those who live in low-income areas. a. Do you agree or disagree? b. How could school financing be modified to provide more equal funding among all regions of a state?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!