estion 3 t yet swered Flag question All of the following are true regarding the main difference between market benefits and non- market benefits from environmental projects except: O a. None of the statements are true O b. Non-market benefits don't have prices attached, and market benefits do Fir Oc. Non-market benefits occur in the short term, and market benefits takes longer Od. Non-market benefits are not legally organized, and market benefits do estion 3 t yet swered Flag question All of the following are true regarding the main difference between market benefits and non- market benefits from environmental projects except: O a. None of the statements are true O b. Non-market benefits don't have prices attached, and market benefits do Fir Oc. Non-market benefits occur in the short term, and market benefits takes longer Od. Non-market benefits are not legally organized, and market benefits do

In what ways (it) company investments in research and development create positive externalities?

Suppose a city releases 16 million gallons of raw sewage into a nearby lake. Table 12.8 shows the total costs of cleaning up the sewage to different levels, together with the total benefits of doing so. (Benefits include environmental, recreational, health, and industrial benefits.) Using the information in Table 12.8, calculate the marginal costs and marginal benefits of reducing sewage emissions for this city. See Production, Costs and Industry Structure if you need a refresher on how to calculate marginal costs. What is the optimal level of sewage for this city? Why not just pass a law that films can emit zero sewage? After all, the total benefits of zero emissions exceed the total costs.

What are better-defined property rights and what incentive do they provide to account for external costs?

Why might private markets tend to provide too few incentives for the development of new technology?

Can extreme levels of pollution hurt the economic development of a high-income country? Why or why not?

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consignt 7. Suppose that an acre of wetland can sequester 100 tons of CO₂ and reduce the risk of itong would contribu 3 to 1 100,000 100,000 If CO2 causes $80 of present-value damage and the present-value VSL is $1.5 million per life, what is the value of the wetland's ecosystem services (per acre)? (Assume that the wetland has no non-use value or any other use value.) SE HOW a) $1,000,000 ble b) $1,500,080 transpki $3,008,000 im domons ost d There is not enough information to answer this question. flood-related deaths from

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Econ Return to Activity Score Mentor Mega Beans Market Booming Berries Booming Berries Materials Mark, if the external marginal cost from Booming Berries is $20 per thousand pounds, what is the socially efficient price per pound? 130 Booming Berrles 120 Clare 110 100 $70 90 80 70 Mark 60 That is correct! 50 40 30 Econ 20 Mentor 10 Mark, if the external marginal cost from Booming Berries is $20 per thousand pounds, what is the socially efficient quantity (in thousands)? 10 20 30 40 50 60 70 80 90 100 110 120 Quantity (in thousands) Clare Enter a response then click Submit below (in thousands) Submit MacBook Air F12 FI1 F9 F10 F8 F7 F6 888 F4 F5 F3 F2 esc F1 * & 24 % 8 @ # 7 3 4 2 T E Q tab Price (per pound)