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Your Neighbor Likes to Blast 1970's Rock Music and the Louder

Question 40

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Your neighbor likes to blast 1970's rock music and the louder the better.The loud music imposes a cost on you because it disrupts your study of economics.Let D stand for the volume of his music in decibels,B for his benefits and C for your costs,where B and C are in dollars.For any given volume,D,your neighbor's benefit is Your neighbor likes to blast 1970's rock music and the louder the better.The loud music imposes a cost on you because it disrupts your study of economics.Let D stand for the volume of his music in decibels,B for his benefits and C for your costs,where B and C are in dollars.For any given volume,D,your neighbor's benefit is   and your cost is   With an efficient Pigouvian tax,how much will your neighbor pay in taxes in total? A)  $22.50 B)  $23.75 C)  $28.75 D)  $71.25 and your cost is Your neighbor likes to blast 1970's rock music and the louder the better.The loud music imposes a cost on you because it disrupts your study of economics.Let D stand for the volume of his music in decibels,B for his benefits and C for your costs,where B and C are in dollars.For any given volume,D,your neighbor's benefit is   and your cost is   With an efficient Pigouvian tax,how much will your neighbor pay in taxes in total? A)  $22.50 B)  $23.75 C)  $28.75 D)  $71.25 With an efficient Pigouvian tax,how much will your neighbor pay in taxes in total?


A) $22.50
B) $23.75
C) $28.75
D) $71.25

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