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For cil. ( In points) to; US oil consumption + estimated at 18.800 lawry's per day. Does a supply aid denend curve bor ol. and
For cil. ( In points) to; US oil consumption + estimated at 18.800 lawry's per day. Does a supply aid denend curve bor ol. and Libel (In anage! equilide um cuntily of uil tends toresumed in the US. A learned of oil currently car approximately $85. Label this po're un your graph as well. To keep it simple, you can ignore internations. trade. (5 pointA; (b, According in the US L'avionmon. Protection Agency. a barrel of all miss approximately D.C tons of carbon. Drew the sound marginal west curve. the the Didca administration's estbarged said care of carbon to that the won of thenspeid mogina road curve (on one y exe) al the irariot ogun brimr country. (8 points) fe; Calenate the size of the negalive carbon externalily caused be ananal L.S all consumption al the market equilibrium. IIcaligle mad label che externality on your graph. (6 points; label the suchd youmon quincy with : Q' on the year's How does the market tepuililetim cuntry compare to the social optimum ong the externality t cumsidereal? What alditiond informal on would you aned to quantify the an's' opliman quantity, (?'? (8 janis) (e) Based on the article, what policies have been proposed with a goal toward shifting cil coammp- tion clowns on the social opdunn? Us economic thenry to explain the intuition of these policies
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