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Author Question: The diagram below shows the marginal cost of pollution abatement for two firms, Firm X and Firm ... (Read 54 times)

Darron12

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on: Oct 12, 2022

The diagram below shows the marginal cost of pollution abatement for two firms, Firm X and Firm Y.



FIGURE 17-6

Refer to Figure 17-6. There is an emissions tax of $t per unit of pollution. Which of the following statements regarding the pollution abatement activities by the two firms is correct?


◦ The emissions tax causes an optimal level of pollution.
◦ It is efficient for Firm Y to do less pollution abatement than Firm X because Firm Y faces higher costs of abatement.
◦ It is not socially optimal to have Firm X doing pollution abatement of QX while Firm Y does the lesser amount, QY.
◦ The emissions tax causes no change in the firms' polluting activity.
◦ The shaded areas in the two graphs depict the social costs of pollution caused by Firms X and Y.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Darron12 on Oct 12, 2022

wangyichun

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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.
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Darron12

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

vickyvicksss

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Reply 3 on: Yesterday
Excellent

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