In the figure below, if the marginal damages line did not originate at 0, 
A) there is no way to find SMC.
B) SMC would not originate at the same intercept as PMC.
C) it would mean that marginal damages did not exist.
D) all of these answers are correct.
Correct Answer:
Verified
Q9: Command-and-control regulations
A)are less flexible than incentive based
Q11: For market efficiency, SMC must be equated
Q12: When an activity produces a positive externality,
Q13: An emissions fee ensures that abatement cost
Q16: A Pigouvian tax is equal to
A)the price
Q17: Refer to the figure below. What is
Q18: Marginal damages are hard to measure because
A)they
Q19: A Pigouvian subsidy
A)c is generally use to
Q22: Externalities can be positive,as well as negative.
A)
Q32: A subsidy for pollution not produced can
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents