Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
lbelcher lbelcher
wrote...
Go to Answer
Posts: 482
Rep: 20 0
5 years ago
A firm that produces chemical solvents creates some air pollution because of the emissions from its manufacturing facilities. A tax is imposed on the firm, equal to the costs of environmental damage caused by a unit of the emissions. What is the result?

• Consumers of the chemical solvents will be willing to pay the full amount of the tax, and so the quantity produced will be unaffected.

• Demand for the chemical solvents will decrease.

• Demand for the chemical solvents will increase.

• The quantity of chemical solvents produced now will be the efficient amount.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 50 times
1 Reply
Replies
Answer verified by a subject expert
coltonf1coltonf1
wrote...
#1
Posts: 392
Rep: 42 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

lbelcher Author
wrote...

5 years ago
Thanks
jaray75
wrote...

Yesterday
Good timing, thanks!
jodie1
wrote...

2 hours ago
This site is awesome
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1301 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1037
  
 1081
  
 77