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Question 177

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Figure: Palm Oil Use the following to answer questions: Figure: Palm Oil -(Figure: Palm Oil) Refer to the figure. Indonesian palm oil producers deforest tropical rainforests to grow the plants that excrete the oil. With this externality, what is the deadweight loss (if any) of producing palm oil? A) $100,000,000 B) $200,000,000 C) $400,000,000 D) There is no deadweight loss.
-(Figure: Palm Oil) Refer to the figure. Indonesian palm oil producers deforest tropical rainforests to grow the plants that excrete the oil. With this externality, what is the deadweight loss (if any) of producing palm oil?


A) $100,000,000
B) $200,000,000
C) $400,000,000
D) There is no deadweight loss.

Correct Answer:

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