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The marginal costs and prices
A Pigovian subsidy __________.
ensures that external costs are minimized is set equal to the marginal external benefit of an
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Dontillia
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The Law of Supply (movement along the curve due to the price effect) occurs because
A) producers usually offer more for sale at
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Allison
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The marginal costs and prices of a purely competitive market system accurately measure:
a. Both spillover costs and spillover
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Linh
519 views
For xyz manufacturing the fixed costs are $1200, material and labor costs combined are $2 per unit, and the demand equation is:
p
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Sophie
589 views
For xyz manufacturing the fixed costs are $1200, material and labor costs combined are $2 per unit, and the demand equation is:
p
1 answer
asked by
Sophie
1,758 views
If a government tries to completely maximize a benefit for society, what will happen to costs? (1 point)
• Marginal costs per
1 answer
99 views
A Pigovian subsidy __________.
ensures that external costs are minimized exists when marginal social benefits exceed marginal
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Dontillia
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Consoder a monolist facing a linear demand Q=60-P/3. The monolist products with constant marginal costs c=3 and no fixed costs.
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Emmanuel
562 views
Suppose that at a gas station across the street, prices are always 20% higher than Bob’s. In absolute dollar terms, the
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Unknown
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Marginal social benefits of pollution can be thought of as __________.
the marginal benefit of increased taxation the avoidance
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Dontillia
35 views