5 The government auctions off 500 units of pollution rights. They sell for $50 per unit, raising...
Question:
5 The government auctions off 500 units of pollution rights. They sell for $50 per unit, raising total revenue of $25 000. This policy is equivalent to a corrective tax of __ per unit of pollution.
a $10 b $50 C $450 d $500
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Principles Of Microeconomics
ISBN: 125206
8th Edition
Authors: Joshua Gans, Stephen King, Martin Byford, N Gregory Mankiw
Question Posted: