Let MAC1= 100-10e MAC2= 50-10E graph each function and compute aggregate MAC. Let MD=30E compute socially eff equilibrium. For equations above suppose government sets pollution level at 4, what are net social costs of this policy?
Let MAC1= 100-10e MAC2= 50-10E graph each function and compute aggregate MAC. Let MD=30E compute socially eff equilibrium.
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