The Production of Paper Creates Pollution, an External Cost

question 361

Essay

The production of paper creates pollution, an external cost. What happens to the production of paper if the government imposes a tax on paper producers equal to the marginal external cost of the pollution?

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Definitions:

Wife Died

The occurrence of a spouse who is female passing away.

Defense of Marriage Act

A U.S. federal law enacted in 1996 that defined marriage for federal purposes as the union between one man and one woman, and allowed states to refuse to recognize same-sex marriages granted under the laws of other states. It was ruled unconstitutional in 2013.

Homosexuals

Individuals who are romantically or sexually attracted to people of their own sex; also known as gay for men and lesbian for women.

Marriage

A legally and socially sanctioned union, usually between two people, that is regulated by laws, norms, customs, beliefs, and attitudes.