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ttools ttools
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A year ago
The graph shows the marginal cost (MC), the marginal social cost (MSC), and the marginal benefit (MB) of dry cleaning services, which contributes to air pollution.
 
Assume that P1=$2.41, P2=$2.59, P3=$3.99, P4=$2.77, Q1=15 and Q2=63. Suppose the government implements a tax equal to $1.58. After the tax goes into effect, economic efficiency ________ (decreases/increases) by ________.
Please round your final answer to two decimal places.

▸ decreases, $75.84

▸ increases, $75.84

▸ decreases, $37.92

▸ increases, $37.92
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Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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bjee231bjee231
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A year ago
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ttools Author
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A year ago
Good timing, thanks!
annakc
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Yesterday
This helped my grade so much Perfect
gage
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2 hours ago
Thank you, thank you, thank you!
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