Business
Business, 06.04.2020 18:56, gkasshy334

Suppose Johnson's Rubber Factory belches black smoke into the air over the city of Bellowsville.
If the city of Bellowsville attempts to internalize the external costs associated with the production of rubber with a pollution tax, we can expect:

A. Johnson's production costs not to change.
B. at each price, a larger quantity of rubber will be supplied Johnson's Rubber Factory.
C. Johnson's Rubber Factory will not change the amount of rubber supplied at each price.
D. at each price, a smaller quantity of rubber will be supplied by Johnson's Rubber Factory.

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Answers: 2

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Suppose Johnson's Rubber Factory belches black smoke into the air over the city of Bellowsville.

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