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Types of farming include subsistence farming, mixed farming, nomadic herding, commercial plantation, livestock rearing maybe this can help
The answer is: guess. Estimate. Like guessing a forecast. Or such.
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A carbon tax aims to make individuals and firms pay the full social cost of carbon pollution. In theory, the tax will reduce pollution and encourage more environmentally friendly alternatives. However, critics argue a tax on carbon will increase costs for business and reduce levels of investment and economic growth.
pros-cons-carbon-tax
The purpose of a carbon tax
The purpose of a carbon tax is to internalise this externality. What this means is that the final price of the good should include the external costs and not just the private cost. It is similar to the ‘polluter pays principle.‘ – which was incorporated into international law at the 1992 Rio Summit. It simply means those who cause environmental costs should be made to pay the full social cost of their actions.
Diagram to show welfare loss of a negative externality
negative-externality-id
This diagram shows that in a free market (without any tax), we get overconsumption (Q1) of carbon, leading to a welfare loss to society.
Social efficiency with Carbon Tax
tax-on-negative-externality
Explanation:
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All of us know that the earth is rotating continuously in its orbit. But we dont realize the rotation due to gravitational force. The earth rotates in its own axis this causes day and night . While rotating on its axis, earth also rotates around elliptical axis around the sun which causes the different regions to experience different seasons. The side facing the sun experience summer and other side experience winter.
Jupiter, Uranus, Neptune, and Mars.
