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Using the above graph and information (from Q6), if the government taxes pollution at $20 per ton, which of the following is true? O There
Using the above graph and information (from Q6), if the government taxes pollution at $20 per ton, which of the following is true? O There will be less pollution than the desired level. O There will be more pollution than the desired level. O Pollution will not be impacted. It is the same as 200 million pollution permits. None of the above.Using the above graph and information (from Q6), if the government taxes pollution at $20 per ton, which of the following is true? O There will be less pollution than the desired level. O There will be more pollution than the desired level. O Pollution will not be impacted. It is the same as 200 million pollution permits. None of the above.Price 100 150 200 250 300 350 400 450 500 Quantity (millions of tons) Suppose the government thinks the socially optimal quantity of pollution in society is 250 million tons. Which of the following would lead to the desired level of pollution? a. 250 million tradeable pollution permits O b. A tax of $30 per ton (correct) c. A price of $35 per pollution permit Od. (a) and (b) Oe. All of the above.Price 100 150 200 250 300 350 400 450 500 Quantity (millions of tons) Suppose the government thinks the socially optimal quantity of pollution in society is 250 million tons. Which of the following would lead to the desired level of pollution? a. 250 million tradeable pollution permits O b. A tax of $30 per ton (correct) c. A price of $35 per pollution permit Od. (a) and (b) Oe. All of the above.\fConsider the following demand curve for pollution: 70 60- 50 40 Price ($ per ton) 30 20-Consider the following demand curve for pollution: 70 60- 50 40 Price ($ per ton) 30 20
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