export 60 thousand car batteries. Library Resources for My Class Subje Eco Blackboard Help for Students [d] export 60 thousand car batteries.Price of ski permits$ 10.00$9.008.00$$7.00$$5.00$4.00$ 3.00$$1.00$ 0.006.002.005↑ P10 1520 25 30Skiers per day35 4045502. The diagram above shows the daily market for water skiing permits on El Dorado Lake. Suppose eachskier (each permit) causes $2 of damage to the lake. What is the socially optimum number of skierson the lake each day?[a] 25[b] 20[c] 15[d] 10

Socially optimal output is reached where marginal social costs (MSC) are equal to the marginal…

Price of ski permits $ 10.00 $9.00 $ $ $ $ $ $ $ $ $ 8.00 7.00 6.00 5.00 4.00 3.00 2.00 1.00 0.00 5 10 15 25 30 Skiers per day 20 35 40 45 50 2. The diagram above shows the daily market for water skiing permits on El Dorado Lake. Suppose each skier (each permit) causes $2 of damage to the lake. What is the socially optimum number of skiers on the lake each day? [a] 25 [b] 20 [C] 15 [d] 10

Price of ski permits $ 10.00 $9.00 $ $ $ $ $ $ $ $ $ 8.00 7.00 6.00 5.00 4.00 3.00 2.00 1.00 0.00 5 10 15 25 30 Skiers per day 20 35 40 45 50 2. The diagram above shows the daily market for water skiing permits on El Dorado Lake. Suppose each skier (each permit) causes $2 of damage to the lake. What is the socially optimum number of skiers on the lake each day? [a] 25 [b] 20 [C] 15 [d] 10

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter17: International Trade

Section: Chapter Questions

Problem 2.5P

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