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

Author Question: The diagram below shows the marginal cost of abatement of greenhouse-gas emissions(GHGs) for each of ... (Read 51 times)

yulisa3298

  • Full Member
  • ***
  • Posts: 146
on: Oct 12, 2022

The diagram below shows the marginal cost of abatement of greenhouse-gas emissions (GHGs) for each of two firms, A, and B.



FIGURE 17-7

Refer to Figure 17-7. Suppose the government objective is to abate a total of 40 tonnes of GHG emissions between the two firms. The lowest-cost approach is to impose an emissions tax of $7.50 per tonne emitted. Why is this the lowest-cost approach?


◦ Because the MC curves for the two firms are parallel.
◦ Because at any other level of emissions tax, the total abatement costs would be higher.
◦ Because direct controls are always lower-cost than an emissions tax.
◦ Because the average costs of emissions are equalized across the two firms.
◦ Because marginal abatement costs are equalized across the two firms.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by yulisa3298 on Oct 12, 2022

AarionnaH

  • Full Member
  • ***
  • Posts: 186
Reply #1 on: Oct 12, 2022
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.
Answer Preview
Only 29% of students answer this correctly


yulisa3298

  • Member
  • Posts: 146
Reply 2 on: Oct 12, 2022
Wow, this really help

bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

The greenhouse effect: heat trapping by earth's atmosphere. The greenhouse effect: heat trapping by earth's atmosphere.
Reverse Osmosis Schematic Diagram Reverse Osmosis Schematic Diagram
Buildings account for 15% of greenhouse gas emissions Buildings account for 15% of greenhouse gas emissions
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Cost of Going to School Cost of Going to School
Skin layer diagram Skin layer diagram
Video: System organization - PPM system types (Somatic, Autonomic & Enteric) and Reflex arc types

For a complete list of videos, visit our video library