Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / The graph shows the unregulated market for electricity, The marginal external cost of the pollution created is equal to the marginal cost

The graph shows the unregulated market for electricity, The marginal external cost of the pollution created is equal to the marginal cost

Economics

The graph shows the unregulated market for electricity, The marginal external cost of the pollution created is equal to the marginal cost. With no government action to control pollution, what is the marginal social cost of the electricity generated and the deadweight loss created? Draw a point to show the marginal social cost when production is 250 kilowatts per day. Label it 1. Draw the marginal social cost curve. Label it MSC. Draw a point to show the quantity of electricity produced and the marginal social cost with no pollution control. Label it 2 Draw a shape to show the deadweight loss with no pollution control. Label it. The deadweight loss created by the pollution is $. >>> Remember that the price given on the y-axis is in cents but you must answer in dollars.
Price and cost (cents per kilowatt) 22- 20- 18- 16- 147 12- S=MC 10- 84 6- 4. D = MSB 2 2- 0+ 0 50 100 150 200 250 Quantity demanded (kilowatts per day) >>> Draw only the objects specified in the question.

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

Please use this google drive link to download the answer file.       

https://drive.google.com/file/d/1TLMP1gNWQi4iqa5t5a5L2uvrdJPqRNA4/view?usp=sharing

Note: If you have any trouble in viewing/downloading the answer from the given link, please use this below guide to understand the whole process. 

https://helpinhomework.org/blog/how-to-obtain-answer-through-google-drive-link