ch08-The Economics of the Public Sector(11)

曼昆微观经济学分册英文版 教材PPT

Analysis of a Negative Externality

负的外部性的分析P $54 3 2 1 0 0 10 20

The market for gasoline Social cost = private + external costexternal cost Supply (private cost)

External cost = value of the negative impact on bystanders = $1 per gallon (value of harm from smog, greenhouse gases)10

30 Q (gallons)

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