Title: Suppose there are several paper mills producing paper for a market. Post by: zar on Oct 9, 2019 Figure 5-4 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 5-4 shows the paper market. Use this Figure to answer the following question(s). Refer to Figure 5-4. What does S1 represent? ▸ the market supply curve that reflects only external cost ▸ the market supply curve that reflects private cost ▸ the market supply curve that reflects only private benefit ▸ the market supply curve that reflects social cost Title: Re: Suppose there are several paper mills producing paper for a market. Post by: Mtoney9 on Oct 9, 2019 Content hidden
Title: Re: Suppose there are several paper mills producing paper for a market. Post by: gcd99br on Oct 9, 2019 Figure 5-4 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 5-4 shows the paper market. Use this Figure to answer the following question(s). Refer to Figure 5-4. What does S2 represent? ▸ the market supply curve that reflect private cost ▸ the market supply curve that reflects social cost ▸ the market supply curve that reflects social benefit ▸ the market supply curve that reflects external cost Title: Re: Suppose there are several paper mills producing paper for a market. Post by: linds on Oct 9, 2019 the market supply curve that reflects social cost Title: Re: Suppose there are several paper mills producing paper for a market. Post by: gcd99br on Oct 9, 2019 This calls for a celebration :raised_hands:
Title: Re: Suppose there are several paper mills producing paper for a market. Post by: trancy on Oct 9, 2019 Figure 5-4 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 5-4 shows the paper market. Use this Figure to answer the following question(s). Refer to Figure 5-4.What is the economically efficient output level? ▸ Q2 ▸ Q1 plus Q2 ▸ Q1 ▸ Q2 minus Q1 Title: Re: Suppose there are several paper mills producing paper for a market. Post by: Bakari on Oct 9, 2019 Q2 |