The standard form is 21x-y-7=0
Answer: hello your question is poorly written attached below is the complete question
answer :
a) 31.5
b) 24.5
Step-by-step explanation:
Total world output of good given ( Q ) = qA + qB
world demand ( P ) = 100 - Q
cost function for country A = cA (qA) = 8qA
cost function of country B = cB(qB) = 3qB
total world emission = 0.5Q
emission per unit good = 0.5
<u>a) Determine total world emissions when both countries compete in a Cournot fashion</u>
Q = 63
therefore Total world emission = 0.5 ( Q )
= 0.5 ( 63 ) = 31.5
attached below is the detailed solution
<u>b) Determine the total world emissions after Country A enacts a carbon tax</u>
Q = 49
Therefore Total world emission after tax = 0.5 ( Q )
= 0.5 ( 49 ) = 24.5
attached below is the detailed solution
Answer:
Beneficial terms of trade or trading price between two parties are opportunity costs lower than the cost to manufacture them locally which benefits both parties. They must be less enough to cover the freight charges or additional service charges that may arise.