2. The quantity of pesticide produced is the efficient quantity, 20 tons a week, and the town...

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2. The quantity of pesticide produced is the efficient quantity, 20 tons a week, and the town charges the factories $50 a ton of pesticide, which is the marginal external cost of the pollution produced by that quantity.

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Essential Foundations Of Economics

ISBN: 9780520219465

7th Global Edition

Authors: Bade, Robin;Parkin, Michael

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