Taxes can yield the efficient level of pollution if the tax is set equal to the
A) marginal external cost of the pollution.
B) marginal social cost of the pollution.
C) equilibrium price of the pollution.
D) marginal benefit of pollution.
Correct Answer:
Verified
Q107: The cost of producing a good or
Q108: The cost of producing an additional unit
Q109: When external costs are present
A) transaction costs
Q110: Q111: To achieve the efficient amount of use Q113: Marginal social cost is the Q114: If the marginal external cost of building 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
A) difference between
