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 81 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
Gracias!


bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

For a complete list of videos, visit our video library