Ask Question
25 February, 18:33

Suppose government officials have set emissions tax to reduce pollution. Further suppose that with the emissions tax the marginal social cost of pollution exceeds the marginal social benefit of pollution. The emissions tax is

+3
Answers (1)
  1. 25 February, 22:00
    0
    The emissions tax is too Low.

    Marginal cost indicates the level of sacrifice that we need to choose a certain decision and marginal benefits indicates the level of benefit that we would receive when choosing a certain decision.

    If the marginal cost of the pollution exceeds the marginal benefit, we could conclude that we're not doing enough effort as a response.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Suppose government officials have set emissions tax to reduce pollution. Further suppose that with the emissions tax the marginal social ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers