Explain the effects on market equilibrium price and quantity

Reference no: EM133389378

Question 1. Write one example of a factor that could change the supply of an environmentally unfriendly product and explain the effects on the market equilibrium price and quantity.

Question 2. Explain why discounting is so important in Benefit-Cost-Analysis for multiple-year (long-term) projects.

Reference no: EM133389378

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