Industrial Organization

  Introduction: Due to the special situation we face now, we have to organized our class in this way, you are required to watching one video in each week and find the corresponding papers to read and finally finish the summary job. 1) Regulation and Natural...

Industrial organization

California decides to regulate carbon emissions and calculates the marginal cost of abatement and marginal benefit of abatement as follows: MCA = 30 + Q, MBA = 150 – 3Q. (a) (6 points) If California wants to maximize welfare by setting a tax, what tax should it set?...

Industrial organization

California decides to regulate carbon emissions and calculates the marginal cost of abatement and marginal benefit of abatement as follows: MCA = 30 + Q, MBA = 150 – 3Q. (a) (6 points) If California wants to maximize welfare by setting a tax, what tax should it set?...