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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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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