A price taking industry faces a market price of P $50 and MC 1 3q However, producing q creates water pollution such that social marginal cost is SMC 1 2q What would be the optimal Pigouvian tax in this market $16 66 $18 $21 33 $25 a b C d A price taking industry faces a market price of P $50 and M...

The optimal Pig ou v ian tax would be eq ...

A price-taking industry faces a market price of P = $50 and MC = 1/3q. However,...

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ISBN: 9780321755933

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Authors: James T. McClave, Terry T Sincich

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A price-taking industry faces a market price of P = $50 and MC = 1/3q. However,...

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