-The table above shows information about the costs and benefits of a steel smelter that pollutes the air of a city. If the marginal external cost is $10 per ton at every quantity of steel produced, the equilibrium quantity when the steel industry is unregulated is ________ tons per week.
Definitions:
Goal-Setting Theory
An organizational framework positing that specific and challenging goals, along with appropriate feedback, facilitate improved worker performance.
Negative Reinforcement
Strengthens a behaviour by making the avoidance of an undesirable consequence contingent on its occurrence.
Nagging
The act of persistently annoying or finding fault with someone, often to prompt an action or change.
Law of Immediate Reinforcement
A principle stating that a behavior is more likely to be repeated if it is followed immediately by a positive reinforcement.
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