If a regulator underestimates the aggregate marginal abatement cost of an industry when determining the “efficient” level of emissions, the true efficient level of emissions will be? (higher, lower or same). Hint: construct a graph with AMAC and MD.

Q: If polluter 1 emits 10 tons polluter 2 emits 25 tons of pollutant.MD=5+2e and MAC=15+2a. If…

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Q: Suppose that the MD = 5E and with its current techonlogy, the firm's MS is given by MS = 200 - 5E.…

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Q: b) Provide information about how coastal fishing are obtained (ie: mined, refined, cut, etc)|

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