would this look like on the graph. sd1 is long run domestic supply curve sd2 dometic supply curve Pw1 observed world price Pw2 includes vulnerability premium Pw3 adds in the per unit climate change damages
would this look like on the graph. sd1 is long run domestic supply curve sd2 dometic supply curve Pw1 observed world price Pw2 includes vulnerability premium Pw3 adds in the per unit climate change damages
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Pigou tax on oil has no impact on global carbon emission from oil because other countries do not pay it. What would this look like on the graph.
sd1 is long run domestic supply curve
sd2 dometic supply curve
Pw1 observed world
Pw2 includes vulnerability premium
Pw3 adds in the per unit climate change damages
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