Marginal Cost to Eliminate (Dollars) First Unit Second Unit Third Unit Fourth Unit Firm A 54 67 82 107 57 68 86 108 54 66 82 107 62 73 91 111 The table shows the marginal costs for each of four firms (A, B, C, and D) to eliminate units of pollution from their production processes. For example, for Firm A to eliminate one unit of pollution, it would cost $54, and for Firm A to eliminate a second unit of pollution it would cost an additional $67. If the government wanted to reduce pollution from 16 units to exactly 6 units, which of the following fees per unit of pollution would achieve that goal? O 85 O 87 O 80 O 70

Marginal Cost to Eliminate (Dollars) First Unit Second Unit Third Unit Fourth Unit Firm A 54 67 82 107 57 68 86 108 54 66 82 107 62 73 91 111 The table shows the marginal costs for each of four firms (A, B, C, and D) to eliminate units of pollution from their production processes. For example, for Firm A to eliminate one unit of pollution, it would cost $54, and for Firm A to eliminate a second unit of pollution it would cost an additional $67. If the government wanted to reduce pollution from 16 units to exactly 6 units, which of the following fees per unit of pollution would achieve that goal? O 85 O 87 O 80 O 70

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter10: Externalities

Section: Chapter Questions

Problem 10PA

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stion 10 « < Questi 4 points Marginal Cost to Eliminate (Dollars) Firm First Unit Second Unit Third Unit Fourth Unit A 54 67 82 107 57 68 86 108 54 66 82 107 D 62 73 91 111 The table shows the marginal costs for each of four firms (A, B, C, and D) to eliminate units of pollution from their production processes. For example, for Firm A to eliminate one unit of pollution, it would cost $54, and for Firm A to eliminate a second unit of pollution it would cost an additional If the government wanted to reduce pollution from 16 units to exactly 8 units, which of the following fees per unit of pollution would achieve that goal? 70 O 85 O 87 O 80
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What should the government set their corrective tax to if they want to eliminate 7 units of pollution?
The table below shows...