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We have to look at Pigouvian Tax (llpts) Consider an competitive industry that faces a demand function g = 1 p and supply function q

We have to look at Pigouvian Tax

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(llpts) Consider an competitive industry that faces a demand function g = 1 p and supply function q = p. The production of the output causes air pollution: the marginal cost imposed on the society due to the pollusion is equal to q. Determine the Pigouvian tax

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