In Order for Pollution Taxes to Be Effective in Eliminating

question 79

Multiple Choice

In order for pollution taxes to be effective in eliminating the deadweight loss resulting from pollution,the pollution tax must be set equal to the

• A) marginal private cost.
• B) marginal external cost.
• C) marginal social cost.
• D) marginal benefit of polluting.
• E) price of the good.

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Definitions:

Neutrons

Subatomic particles found within the nucleus of an atom, having no electric charge and a mass slightly larger than that of protons.

Atomic Number

The number of protons in the nucleus of an atom, which determines the chemical properties of an element and its place in the periodic table.

Mass Number

The total number of protons and neutrons in the nucleus of an atom, representing the atom's mass.

Electronegativity

A chemical property that describes the tendency of an atom to attract a shared pair of electrons towards itself in a covalent bond.