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What are the direct and indirect economic impacts related to air transportation and how do they differ? Please cite an example for each.
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- What is two external costs and two external benefits of the transportation.Explain why the demand of transport by manufacturing and constraction industries is a derived demand.Economists often point to the impact of improved transportation on land values and related economic development. What is the nature and significance of the transporta- tion impact?
- With Diagram, show how external effects can change supply and demand in electricity generation.Consider the following graph that shows the marginal abatement cost (MAC) curve for a coal power plan for reducing local air pollution and the marginal damage (MD) curve for those living around the coal power plant. MD (E) MAC (E b. Emissions E-0 E EL E-Max AMax Or Abatement E A-0 What are the total abatement costs at E' (enter your answer with the letters and "+" signs as "a+b+c+d+e+f", without the quotation marks. What are the total abatement costs at E-0 (enter your answer with the letters and "+" signs as as "a+b+c+d+c+f", without the quotation marks. If the property rights were with the coal power plant how much Emissions would we see? (enter one of the following, "E-0", "E", "E1", "E-Max") If the property rights were with the people how much Emissions would we see? (enter one of the following. "E-0", "E", "E1 "E-Max") What is the socially optimal level of emissions (choose from one of the following and enter as written without the quotation marks, "E-0". "E"E1 "E-Max").By what means can the procurement Act of Ghana contribute to economic, environmental and socialsustainability?
- Which of the following are practical and effective policies to deal with carbon emissions caused by driving a car? A) A quota on individuals to limit their driving B) A tax on petrol C) Ownership of all affected assets D) Coasian bargaining (one side paying the other side to drive or not to drive)What assumptions do economists make? Why does each assumption matter in environmental economics?what is the relationship between CO2 emission and transportation cost?