Please answer

1 1. Use the graph to answer the next 3 questions. Assume the level of emissions is at Q Marginal abatement cost curve Marginal damages curve F D a. (3) What area measures the total net benefit of pollution? Q Units of Emissions a. A +B b. D d. D + E+F C. C + D b. (3) What arca measures the total costs of being at Q (both in terms of damages and abatement)? i. A +B b. D C C d. D + E +F e. C +D c. (3) When the marginal abatement cost curve shifts to the right (up), what would happen to the efficient level of pollution? a. Increase b. Decrease c. Stay the same 12. (2) Clearly defined property rights and liability rules reduce pollution problems by: a. threatening the perpetrators with lawsuits, b. shifting the perpetrators' market supply curve rightward. c. shifting the perpetrators" market demand curve leftward. d. creating a market for externality rights. 13. (2) Emission standards, taxes and subsidies all... a) fulfill the equimarginal principle b) provide the polluter with the incentive to research ways of reducing pollution control costs ) provide the polluter with the incentive to reduce pollution beyond the initial goal d) both a and b c) both b and c