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-The Above Figure Shows the Market for Steel Ingots

Question 44

Multiple Choice

  -The above figure shows the market for steel ingots.If the market is competitive,then to achieve the socially optimal level of pollution,the government can A)  institute a standard and allow firm to produce at most 50 ingots per period. B)  institute a standard and allow firm to produce at most 25 ingots per period. C)  institute a standard and allow firm to produce at most 100 ingots per period. D)  institute a standard and allow firm to produce at most 10 ingots per period.
-The above figure shows the market for steel ingots.If the market is competitive,then to achieve the socially optimal level of pollution,the government can


A) institute a standard and allow firm to produce at most 50 ingots per period.
B) institute a standard and allow firm to produce at most 25 ingots per period.
C) institute a standard and allow firm to produce at most 100 ingots per period.
D) institute a standard and allow firm to produce at most 10 ingots per period.

Correct Answer:

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