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. Determine whether the following statements are True or False....
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Determine whether the following statements are True or False. and briefly explain your answers: 8. To determine the optimal per-unit Pigouvian tax, it is sufficient to know the marginal
cost and marginal benefit functions MC fr ( f m , x) and MB5I(S'", 9:) associated to an ex—
ternality x, where f'" and 8'" denote the market equilibrium output levels of the good
that is affected by the externality, and of the good that generates the externality, re—
spectively.
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Solved by verified expertAnswered by marieljoysakalam on coursehero.com
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