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Explain the costs and the benefits of the production

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Reference no: EM131166022

Emission Taxes

Explain it.

Why do you think your policy would work in reducing the total amount of emissions?

In your answer, explain the costs and the benefits of the production and consumption of the good, as well as the negative externality.

How would you decide what the best or optimal level of emission reduction would be?

Reference no: EM131166022

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