Economic Analysis of Social Issues 1st Edition by Alan Grant

تمرين 30

[Related to Application 10.2 on page 206] Read Application 10.2 carefully. Then describe a bargain between consumers/taxpayers and sugar producers that would (a) end the quota and (b) be mutually beneficial to both parties. The bargain you describe should incorporate numbers from the application. Why is such a bargain unlikely to be reached in real life?