Aiticle Link: https://bit.lv/3fbNtrE The following graph represents the market for high-emissions cars. Answer this question assuming that the externality is not internalised. Price f high emiees vekides Sial Value Batoly 4 high missiena vehiles What is the private value of the last unit traded (or the willingness to pay of the marginal buyer) in the market?

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A: Marginal external cost=MSC-MPCMarginal external cost=$2.5-$1.5=$1

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A: DISCLAIMER “Since you have asked multiple question, we will solve the first question for you asbper…

Q: The following graph represents the market for high-emissions cars. Answer this question assuming…

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A: a.

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Q: Negative Externalities Exercise 1 (Algo) Texarkana Electric Company burns coal to heat the water…

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