The City Council in the previous problem again wants to curb emissions by half. This time, it
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The City Council in the previous problem again wants to curb emissions by half. This time, it sets a tax of $T per day on each ton of smoke emitted. How large will T have to be to effect the desired reduction? What is the total cost to society of this policy? LO2
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Related Book For 
Principles Of Microeconomics
ISBN: 9780073362663
4th Edition
Authors: Robert H. Frank, Ben S. Bernanke
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