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Slide5 - NEGATIVE EXTERNALITIESAND INEFFICIENCY First find...

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Unformatted text preview: NEGATIVE EXTERNALITIESAND INEFFICIENCY First, find the competitive equilibrium. .1. a tank win win 54* P=Mc: ‘P‘SDO’rifi' 2’ 3" 2—?‘13' Sinu— we. WI. “1-00 mills (95: 2.013;. = LMP’SoIUW Sfi’r‘rffl—‘j Q5: 9-1: - Lm?—§D.m=LSD.m—'1w a m m O 15 q 50 a [thousand tons] [mill oftons] 121’U2609 Econ 156A Mortimer .--""'___""'- 5 ...
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