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Title: EconomicTheory

Essay Details:

Subject: Business
Author: Edward B
Date: April 11, 2015
Grade: A
Length: 1 / 225

Essay text:

I think the system should target individuals rather than suburb trends. Really, how will things be improved in areas that aren't recycling enough? I think the hardest hurdle to get around is that people would obviously dump rubbish in other bins or worse, elsewhere in the environment, if there is a simple penalty for a too heavy bin. For starters, we need to be paying more for rubbish disposal to start with so that there are more funds available to raise penalty charges and monitoring. A quota system of a certain amount of allowable waste at the low cost and penalties above this (described in some detail as marginal cost pricing of garbage disposal in Kahn) have been effective elsewhere...

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