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Author Question: Refer to the data provided in Table 16.1 below to answer the following question(s). Table 16.1 shows ... (Read 44 times)

Metfan725

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on: Apr 19, 2019

Question 1

When the government pays part of my university education, it is


◦ internalizing an external cost.
◦ using taxes to discourage an external cost.
◦ subsidizing an external benefit.
◦ using direct regulation to discourage an external cost.

Question 2

Refer to the data provided in Table 16.1 below to answer the following question(s).


Table 16.1 shows the situation facing two firms, both of which are polluting. Assume that each firm emits 5 units of pollution.






Refer to Table 16.1. Suppose the government wants to reduce the total amount of pollution from the current level of 10 to 4. To do this, the government caps each firm's emissions at 2 units and issues 2 permits to each firm. If firms are not allowed to trade permits, what is the total cost of the pollution reduction?


◦ $30
◦ $55
◦ $58
◦ $130
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Metfan725 on Apr 19, 2019

itsakadoozi

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Metfan725

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Reply #2 on: Apr 19, 2019
Thanks


itsakadoozi

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Reply #3 on: Apr 19, 2019
Welcome :)


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