-The Figure Above Shows the Marginal Social Cost Curve of Generating

question 47

Multiple Choice

-The figure above shows the marginal social cost curve of generating electricity,the marginal private cost curve,and the demand curve.If the government imposes a pollution tax to achieve the efficient level of production,the tax equals ________ per kilowatt hour.

• A) 0¢
• B) 7.5¢
• C) 10¢
• D) 15¢
• E) 2.5¢

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Definitions:

Proportional Representation

An electoral system in which parties gain seats in proportion to the number of votes cast for them. This system aims to ensure that political representation is more accurately reflected.

Aggregate Interests

The combined concerns, wants or needs of a group of people that are collected to represent or reflect a broader public interest.

Pyramid

A structure with a square or triangular base and sloping sides that meet in a point at the top, often used as a tomb in ancient Egypt.

Party Organization

The structure, leadership, and operations of a political party, including its national, state, and local committees and executives.