Examlex

Solved

Suppose a Tax Equal to the Value of the Marginal

question 98

Multiple Choice

Suppose a tax equal to the value of the marginal external cost at the optimal output is imposed on a pollution generating good. All of the following will result from the tax except


Definitions:

Quantities

Specific amounts or volumes of a goods or services available or in demand in a market.

Bitcoin Mining

The process of performing complex calculations to validate transactions and secure the Bitcoin network, rewarded with newly created bitcoins.

Super Computers

High-performance computing systems designed for complex computational tasks, significantly faster and more powerful than general-purpose computers.

Low-cost Electricity

Electricity provided at a lower price, typically achieved through efficient production methods or subsidies.

Related Questions