The Malaysian government passed a new law that requires all car manufacturers to install emission control devices on car
Posted: Fri Jul 01, 2022 8:20 am
The Malaysian government passed a new law that requires all carmanufacturers toinstall emission control devices on cars. The objective of this newlaw is to ensure carproducers to internalize some of the external costs of autopollution. Explain graphicallyhow this new law would result in socially optimal level of carproduction in Malaysia.