The figure below shows the marginal damage and marginal abatement cost curves for sulfur dioxide emissions in North Zulch.EPA officials have imposed an emissions tax of $100 per ton of sulfur dioxide. The optimal level of sulfur dioxide emission is not zero because it would cost $_______ to avoid or abate the last ton of pollution,while the benefit of abating the last ton is $_______.

Question

The figure below shows the marginal damage and marginal abatement cost curves for sulfur dioxide emissions in North Zulch.EPA officials have imposed an emissions tax of $100 per ton of sulfur dioxide.  The optimal level of sulfur dioxide emission is not zero because it would cost $_______ to avoid or abate the last ton of pollution,while the benefit of abating the last ton is $_______.

Quizplus · Accepted Answer

The Answer of The figure below shows the marginal damage and marginal abatement cost curves for sulfur dioxide emissions in North Zulch.EPA officials have imposed an emissions tax of $100 per ton of sulfur dioxide.  The optimal level of sulfur dioxide emission is not zero because it would cost $_______ to avoid or abate the last ton of pollution,while the benefit of abating the last ton is $_______.

The Figure Below Shows the Marginal Damage and Marginal Abatement