In Problem 2, what is the efficient Pigouvian tax or subsidy? Is it the same as the

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In Problem 2, what is the efficient Pigouvian tax or subsidy? Is it the same as the MEC at the efficient level of output? Why or why not?

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Microeconomics

ISBN: 978-1118572276

5th edition

Authors: David Besanko, Ronald Braeutigam

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Question Posted: Mar 18, 2016 04:59 AM

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In Problem 2, what is the efficient Pigouvian tax or subsidy? Is it the same as the

Question:

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The efficient Pigouvian tax or subsidy is 0 It is not the same as the MEC at the efficient leve...View the full answer

Microeconomics

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