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