Hello, I am having trouble in the question. Could you please help me explain how I can solve it? I really appreciate that . Thank you so much . Question is: "Pulp and paper mill is producing polluting which can quantified as MEC=0.6Q. Production is identified as -4+3P, Consumption is identified as 10-2P. When the externality is accounted for what will be the quantity produced?"
Hello, I am having trouble in the question. Could you please help me explain how I can solve it? I really appreciate that . Thank you so much .
Question is: "Pulp and paper mill is producing polluting which can quantified as MEC=0.6Q. Production is identified as -4+3P, Consumption is identified as 10-2P. When the externality is accounted for what will be the quantity produced?"
Goated, thank you!
where does he get the equations for the supply and demand curves?
I introduced them in a previous set of videos: ruclips.net/video/Lrkhe-4S_Tc/видео.html
So good