Home
Published on Texas Gateway (https://texasgateway.org)
i

Website Maintenance Notice

We’re currently performing scheduled maintenance to update and improve our site. Some content may be temporarily unavailable as we retire legacy materials that no longer meet current standards. Thank you for your patience as we work to enhance your experience.
Problems
27.

Say that the government is considering a ban on soda in restaurants in Sodaville. There are 1 million people living there, and each would benefit by $200 from this ban. However, there are two large companies in Sodaville, and the ban would cost them $5 million each. What are the total costs and benefits of this proposed policy? Do you think it will be passed?