Question
f a Pigouvian tax is used to reduce carbon emissions, it must be set to be equal to a. the private marginal cost of production
f a Pigouvian tax is used to reduce carbon emissions, it must be set to be equal to
a. the private marginal cost of production
b. the marginal social cost of carbon emissions
c. the total private cost of production
d. the cost of the catastrophic outcomes
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An Inquiry Into The Nature And Causes Of The Wealth Of Nations
Authors: Adam Smith, R H Campbell
1st Edition
0865970068, 9780865970069
