This BBC article suggests that late night bars should pay for the policing in city centres
http://news.bbc.co.uk/1/hi/scotland/6968438.stm
a) What are the negative externalities associated with late night city centre drinking?
b) How would the proposal internalise the externality?
c) Draw a S&D diagram to show the effect on the market of internalising the externality and explain how it would reduce the market failure
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