-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:

Potato Chips

Thin slices of potato that are either deep fried or baked until crispy, often seasoned and served as a snack.

Nonfat Yogurt

Yogurt made without any fat content, often used as a dietary choice for those reducing fat intake.

Healthy Meals

Dishes or foods that provide essential nutrients and energy, contributing to overall physical well-being and health maintenance.

Canned Vegetables

Vegetables that have been preserved by sealing in a can or jar with a liquid (often water, brine, or sauce) and undergoing a heat process to ensure safety and longevity.