Question
how do I solve 15?
damage end the vicon of the damage cen be idestifned? ) Force each corsumer to pay his her willingsess tope ) Sebsdize cossumgtion of the good by the victims of the estemality e) Impose a Preovian lax Issse tradable permits to the victims of the estersalay e) Eliminate common ownenlip by graning privale property nghis 1s. Consider e market for shirls is whicb the elasticity of denand is 3 and the elesticity of supply Is 1a The initiai equillbrium in the market has a price of 2t and a qusntity of ae. Atar un Improeernt bn techsology, the new egu bekam quantity is 130, What is the eew eqaili bris priee? Note: yos should ase the peint to point mrlhed for the elasticity) aj 16 b) I8 c) 19 d) 22 e) Not Given 16. Which of the follewing best describes a compensating differential la the laber market? a A sibsidy by the govemment to promote amploy ment
Explanation / Answer
15. c. 19
