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Question 3 A market has the following structure Demand: Q=20-P Supply: Q=0.25P Production of the good creates $5 in exte
Posted: Wed Jul 06, 2022 6:18 pm
by answerhappygod
- Question 3 A Market Has The Following Structure Demand Q 20 P Supply Q 0 25p Production Of The Good Creates 5 In Exte 1 (68.68 KiB) Viewed 21 times
Question 3 A market has the following structure Demand: Q=20-P Supply: Q=0.25P Production of the good creates $5 in externality. Find the quantity with a $10 Pollution Tax.
Question 4 A market has the following structure Demand: Q=20-P Supply: Q=0.25P Production of the good creates $5 in externality. Is society better off, worse off, or the same with this non-optimal $10 per unit tax than the market outcome with no tax? O Worse off O Same O Better off