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10 profit margin - PowerPoint PPT Presentation

The Welfare Economics of Sharing Fixed Costs of Product Safety Regulation Richard E. Just

The Welfare Economics of Sharing Fixed Costs of Product Safety Regulation Richard E. Just University of Maryland. One-time Testing is Required to Assure Product Safety for Many Substances Alternative ways of ensuring product safety: Legal liability (ex post) Government licensing (ex ante)

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10 profit margin - PowerPoint PPT Presentation

The Welfare Economics of Sharing Fixed Costs of Product Safety Regulation Richard E. Just