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

Author Question: If the number of ITQs issued equals the efficient production level, what is the price of an ITQ? ... (Read 74 times)

misspop

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
If the number of ITQs issued equals the efficient production level, what is the price of an ITQ?
 
  What will be an ideal response?

Question 2

If a natural monopoly does not inflate its costs, the output it produces is the smallest when the monopoly is
 
  A) left unregulated.
  B) regulated according to an average cost pricing rule.
  C) regulated according to a marginal cost pricing rule.
  D) regulated to maximize total surplus.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dlook33

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 29, 2018
Answer to Question 1

The price of an ITQ equals the marginal social benefit at the quota quantity minus the marginal private cost.

Answer to Question 2

A


misspop

  • Member
  • Posts: 540
Reply 2 on: Jun 29, 2018
Gracias!

FergA

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

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?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

El Niño and areas of high marine primary production around the Galapagos Islands. Noti El Niño and areas of high marine primary production around the Galapagos Islands. Noti
Control of blood glucose level. Control of blood glucose level.
Rising sea level: Some areas will be affected by a rise of just 40 cm Rising sea level: Some areas will be affected by a rise of just 40 cm
Number Number
What would your average (mean) number of cells per cluster be? What would your average (mean) number of cells per cluster be?
Separation of variable number tandem repeat (VNTR) alleles after PCR amplification Separation of variable number tandem repeat (VNTR) alleles after PCR amplification
Video: Helper T cell receptors, activation, proliferation, differentiation & action

For a complete list of videos, visit our video library