Are the following statements true or false? Explain a. If the government prices public transport so that it breaks even, then the net benefit of a cost benefit analysis must be zero. b. The equi-marginal principle will ensure that the reduction in emissions will be the same for each C. firm that is subject to regulation.
Are the following statements true or false? Explain a. If the government prices public transport so that it breaks even, then the net benefit of a cost benefit analysis must be zero. b. The equi-marginal principle will ensure that the reduction in emissions will be the same for each C. firm that is subject to regulation.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![6. Are the following statements true or false? Explain
a. If the government prices public transport so that it breaks even, then the net benefit of a cost
benefit analysis must be zero.
b.
C.
The equi-marginal principle will ensure that the reduction in emissions will be the same for each
firm that is subject to regulation.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa5145b22-aa2f-4a76-87ed-4764ee0d8d0d%2F56d578fd-6c8d-4073-9da3-0875d11191c9%2F9z4z9oz_processed.jpeg&w=3840&q=75)
Transcribed Image Text:6. Are the following statements true or false? Explain
a. If the government prices public transport so that it breaks even, then the net benefit of a cost
benefit analysis must be zero.
b.
C.
The equi-marginal principle will ensure that the reduction in emissions will be the same for each
firm that is subject to regulation.
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