This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Taxes can yield the efficient level of pollution if the tax is set equal to the A) marginal ... (Read 127 times)

RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
on: Jun 29, 2018
Taxes can yield the efficient level of pollution if the tax is set equal to the
 
  A) marginal benefit of pollution.
  B) marginal external cost of the pollution.
  C) marginal social cost of the pollution.
  D) equilibrium price of the pollution.

Question 2

Consider a market in which there is an external cost. A tax can be used to arrive at the efficient market equilibrium because the tax will
 
  A) decrease supply of the good.
  B) increase supply of the good.
  C) decrease demand for the good.
  D) increase demand for the good.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ddddd

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


RYAN BANYAN

  • Member
  • Posts: 563
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

AmberC1996

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Select the Code with the Highest Level of Specificity Select the Code with the Highest Level of Specificity
Level II HCPCs Codes Cont. Level II HCPCs Codes Cont.
Sea-Level Rise Sea-Level Rise
Solow Model with Saving Dependent on Income Level Solow Model with Saving Dependent on Income Level
Planet Z-34 has a mass equal to 1/3 that of Earth, a radius equal to 1/3 that of Earth, and an ... Planet Z-34 has a mass equal to 1/3 that of Earth, a radius equal to 1/3 that of Earth, and an ...
Insect PollinationHoneybees are efficient pollinators of a variety of flowers, including those of be Insect PollinationHoneybees are efficient pollinators of a variety of flowers, including those of be
Video: Protein digestion - stomach & small intestine

For a complete list of videos, visit our video library