Multiple Choice
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
Correct Answer:

Verified
Correct Answer:
Verified
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