Figure 4-18
Suppose there are several paper mills producing paper for a market. These mills, located upstream from a fishing village, discharge a large amount of wastewater into the river. The waste material affects the number of fish in the river and the use of the river for recreation and as a public water supply source. Figure 4-18 shows the paper market. Use this Figure to answer the following question(s).
-Refer to Figure 4-18.What is the deadweight loss from producing at the market equilibrium?

Question

Figure 4-18
  Suppose there are several paper mills producing paper for a market. These mills, located upstream from a fishing village, discharge a large amount of wastewater into the river. The waste material affects the number of fish in the river and the use of the river for recreation and as a public water supply source. Figure 4-18 shows the paper market. Use this Figure to answer the following question(s).
-Refer to Figure 4-18.What is the deadweight loss from producing at the market equilibrium?

Quizplus · Accepted Answer

The Answer of Figure 4-18
  Suppose there are several paper mills producing paper for a market. These mills, located upstream from a fishing village, discharge a large amount of wastewater into the river. The waste material affects the number of fish in the river and the use of the river for recreation and as a public water supply source. Figure 4-18 shows the paper market. Use this Figure to answer the following question(s).
-Refer to Figure 4-18.What is the deadweight loss from producing at the market equilibrium?

Figure 4-18 Suppose There Are Several Paper Mills Producing Paper