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Author Question: The figure below shows the marginal benefit to consumers,MB,the marginal cost to private firms,MCP, ... (Read 320 times)

elarge

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on: Oct 12, 2022

Question 1

The use of emissions taxes as a method of reducing pollution
1) is more efficient than direct controls;
2) allows firms to select the most efficient abatement techniques;
3) forces firms to internalize the pollution externality.
◦ 1 only
◦ 1 and 2 only
◦ 1 and 3 only
◦ 2 and 3 only
◦ 1, 2, and 3

Question 2

The figure below shows the marginal benefit to consumers, MB, the marginal cost to private firms, MCP, and the marginal cost to society, MCS, at each level of output of some good.



FIGURE 17-1

Refer to Figure 17-1. What is the marginal external cost at output level Q3?


◦ P4 - P2
◦ P3 - P1
◦ P2
◦ P1
◦ P4
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by elarge on Oct 12, 2022

queenBea90

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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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elarge

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Reply 2 on: Oct 12, 2022
Gracias!

Liddy

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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