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Distinguishing Moral and Efficiency-Based Objections
A city is considering a policy that would allow affluent neighborhoods to pay a special tax to fund additional, dedicated police patrols for their area. An economist argues against this, stating it would lead to an inefficient allocation of police resources and potentially higher overall crime rates in the city. Briefly describe a separate, moral objection to this policy, and explain why this objection is distinct from the economist's concern about efficiency.
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Introduction to Microeconomics Course
The Economy 2.0 Microeconomics @ CORE Econ
Ch.10 Market successes and failures: The societal effects of private decisions - The Economy 2.0 Microeconomics @ CORE Econ
Analysis in Bloom's Taxonomy
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