Illustrate with the help of a diagram, how an emission charge system could provide the incentive to a polluter to intern
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Illustrate with the help of a diagram, how an emission charge system could provide the incentive to a polluter to intern
Illustrate with the help of a diagram, how an emission chargesystem could provide theincentive to a polluter to internalise the negative externality.Explain in your answer thetotal costs to the polluter of complying with the policy. Assumethat the governmentsets an abatement standard at some “acceptable level”, AST.