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Title: Suppose a chemical plant regularly dumps chemicals into a river that must be cleaned up before farme Post by: Cuba on Jun 18, 2015 Suppose a chemical plant regularly dumps chemicals into a river that must be cleaned up before farmers located downstream can use the water on their crops. Dumping the chemicals into the river saves the chemical plant $750,000 in yearly disposal costs and cleaning the water costs farmers $825,000 each year. Explain what the benevolent social planner would like to see happen in this case.
Title: Re: Suppose a chemical plant regularly dumps chemicals into a river that must be cleaned up before f Post by: IloveChi on Aug 27, 2015 Content hidden
Title: Re: Suppose a chemical plant regularly dumps chemicals into a river that must be cleaned up before farme Post by: Cuba on Aug 31, 2015 I have a major exam next week. Thank you for taking the time to answer. Problem solved.
Title: Re: Suppose a chemical plant regularly dumps chemicals into a river that must be cleaned up before farme Post by: IloveChi on Aug 31, 2015 Cool! Good luck with your exams.
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