Price of steel p1p1 p2p2 0Q2Q2 Q1Q1 This framework does not capture the harm done to the fishery, however. The steel firm sets PMB=PMC to find its privately.
Chapter 5 Externalities Problems and Solutions Jonathan Gruber Public Finance and Public Policy Aaron S. Yelowitz - Copyright 2005 © Worth Publishers.
Cost Chapter 08 Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin.
Price of steel
Cost Chapter 20 Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin.
