The figure below shows the market for a good. An improvement in EQ would shift the supply curve for the good from S1 to S2. What would be the total willingness to pay of market participants for this reduction in pollution? Price 80.00 $1 * 18.0 62.00 52.00 26.00 10.00 a) 570 b) 494 Oc) 264 Od) 230 28.0 $2 Quantity

The figure below shows the market for a good. An improvement in EQ would shift the supply curve for the good from S1 to S2. What would be the total willingness to pay of market participants for this reduction in pollution? Price 80.00 $1 * 18.0 62.00 52.00 26.00 10.00 a) 570 b) 494 Oc) 264 Od) 230 28.0 $2 Quantity

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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