At Westonci.ca, we connect you with experts who provide detailed answers to your most pressing questions. Start exploring now! Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.
Sagot :
Answer: hello your question is poorly written attached below is the complete question
answer :
a) 31.5
b) 24.5
Step-by-step explanation:
Total world output of good given ( Q ) = qA + qB
world demand ( P ) = 100 - Q
cost function for country A = cA (qA) = 8qA
cost function of country B = cB(qB) = 3qB
total world emission = 0.5Q
emission per unit good = 0.5
a) Determine total world emissions when both countries compete in a Cournot fashion
Q = 63
therefore Total world emission = 0.5 ( Q )
= 0.5 ( 63 ) = 31.5
attached below is the detailed solution
b) Determine the total world emissions after Country A enacts a carbon tax
Q = 49
Therefore Total world emission after tax = 0.5 ( Q )
= 0.5 ( 49 ) = 24.5
attached below is the detailed solution
Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.