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Author Question: What is marginal damage cost? What will be an ideal response?[br][br][b][color=#165FFA]Question ... (Read 55 times)

kodithompson

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on: Jun 29, 2018
What is marginal damage cost?
 
  What will be an ideal response?

Question 2

Refer to Figure 13-3. Which of the points in the above graph are possible short-run equilibria?
 
  A) A and D B) A and C C) A and B D) A, B, C, and D


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shaikhs

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Reply #1 on: Jun 29, 2018
Answer to Question 1

Marginal damage cost is the additional harm done by increasing the level of an externality-producing activity by one unit.

Answer to Question 2

D


kodithompson

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

momolu

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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