Suppose That in the Market for Paper,demand Is P =

question 22

Essay

Suppose that in the market for paper,demand is p = 100 - Q.The private marginal cost is MC^p = 10 + Q.Pollution generated during the production process creates external marginal harm equal to MC^e = Q.What specific tax would result in a competitive market producing the socially optimal quantity of paper?

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Definitions:

Doing Gender

The concept that gender is a performance or behavior that people engage in rather than only a fixed identity or biological reality.

Heterosexist

Exhibiting bias or discrimination towards non-heterosexual orientations, often by assuming heterosexuality as the norm.

Oppressed

A condition of being subject to unjust treatment or control, often involving the denial of fundamental rights.

Intergroup Bias Effect

The tendency to favor one's own group over other groups, leading to prejudice and discrimination.