the benefits of adopting the new technologies

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter13: Positive Externalities And Public Goods
Section: Chapter Questions
Problem 23P: HighFlyer Airlines wants to build new airplanes with greatly increased cabin space. This will allow...
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Imagine a firm's marginal abatement cost function with existing technologies is: MAC = 30 – 2E. If
the firm adopts new pollution abatement technologies, its marginal abatement cost function will
be: MAC = 15 – E. With a tax on emissions of $6, the benefits of adopting the new technologies
are $_
Answer:
Transcribed Image Text:Imagine a firm's marginal abatement cost function with existing technologies is: MAC = 30 – 2E. If the firm adopts new pollution abatement technologies, its marginal abatement cost function will be: MAC = 15 – E. With a tax on emissions of $6, the benefits of adopting the new technologies are $_ Answer:
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