This topic contains a solution. Click here to go to the answer

Author Question: Let MC be the marginal private cost per megawatt hour (Mwh) of producing electricity using coal. Let ... (Read 98 times)

Collmarie

  • Hero Member
  • *****
  • Posts: 569
Let MC be the marginal private cost per megawatt hour (Mwh) of producing electricity using coal. Let MSC be the marginal social cost per Mwh and T be the tax per Mwh. To achieve efficiency, the tax should be set so that
 
  A) MC = MSC + T.
  B) MSC = MC + T.
  C) MC + MSC = T
  D) MC = T.

Question 2

The main purpose of antitrust law is to
 
  A) prohibit monopoly practices such as restricting output.
  B) regulate advertising.
  C) encourage the formation of cartels.
  D) regulate the stock and bond markets.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AaaA

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

B

Answer to Question 2

A




Collmarie

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


covalentbond

  • Member
  • Posts: 336
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

For a complete list of videos, visit our video library