The marginal cost of enforcement (MCE)

a. is the additional cost incurred by government to monitor and enforce abatement activity
b. is a negatively sloped function
c. can be measured as the vertical sum of MACmkt and MSC at any abatement level
d. represents the horizontal sum of all polluters’ MAC functions

a. is the additional cost incurred by government to monitor and enforce abatement activity

Economics

You might also like to view...

When the government reduces taxes, which of the following decreases?

a. consumption b. take-home pay c. household saving d. None of the above is correct.

Economics

Explain why an economist would say, "There is no such thing as a free lunch."

What will be an ideal response?

Economics