Business, 23.12.2019 22:31 22nathanieltimms
Suppose government officials have set an emissions tax to reduce pollution. assume the optimal tax would be $1,500, but government officials have set the tax equal to $500. then, we can conclude that at equilibrium:
a. there will be too much pollution.
b. the marginal damage from pollution will be greater than $500.
c. the marginal abatement cost will be $500.
d. all of the above will occur.
Answers: 3
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In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist
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The state troopers in one state have a motto, “nine you’re fine; ten you’re mine,” which is the standard that they use for pulling over speeders on the state highways. in other words, if the posted speed limit is 55 mph, drivers can drive at a rate up to 64 mph without fear of getting a ticket. which of the following best describes the ethical culture in the state? a. the troopers are following a standard of positive law. b. the troopers are following a normative standard. c. the troopers are following a headline test. d. the troopers are following the blanchard/peale standard.
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Suppose government officials have set an emissions tax to reduce pollution. assume the optimal tax w...
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