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PaulKet PaulKet
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6 years ago
The above figure shows the market for steel ingots. If the market is competitive, then to achieve the socially optimal level of pollution, the government can
A) outlaw the production of steel.
B) institute an ad valorem tax of 33.3%.
C) institute an ad valorem tax of 50%.
D) institute an ad valorem tax of 66.7%.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
Read 74 times
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The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
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RumkoRumko
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6 years ago
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PaulKet Author
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5 years ago
Really helpful, thank you so very much Smiling Face with Open Mouth
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
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