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I assume you recognize that if you raise prices but also redistribute wealth, people would still collectively continue to use the resource in the same amount.
by cloutiertyler 4y ago
I assume you recognize that if you raise prices but also redistribute wealth, people would still collectively continue to use the resource in the same amount.
Someone has to go without to reduce the total consumption. Who is it in your example? And by how much such that the total usage decreases?