Unformatted text preview: equations you found in earlier gobbets. Find the equation for the marginal net benefits function. Draw the marginal net benefits curve and the pollution externality damages on the same graph (using the information you found in Gobbet #7). Show and derive the corresponding social optimum. Why is this a social optimum?...
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This note was uploaded on 12/16/2009 for the course AEM 2500 taught by Professor Poe,g. during the Fall '07 term at Cornell.
- Fall '07