Government incurs expenditure on say no to plastic bags. Analyse its impact on gdp and welfare
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Explanation:
Overall, plastic bag bans increase prices for consumers, decrease profit for producers, and decrease economic activity in the area affected by the plastic bag ban. Banning plastic bags reduces retail employment. ... Retail jobs are not the only jobs that would be affected if a plastic bag ban were implemented.
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40
Answer:
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- Overall, plastic bag bans increase prices for consumers, decrease profit for producers, and decrease economic activity in the area affected by the plastic bag ban. Banning plastic bags reduces retail employment. ... Retail jobs are not the only jobs that would be affected if a plastic bag ban were implemented.
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