2. Now, instead of taxes or quotas, suppose that the government funded research instead, in...
60.1K
Verified Solution
Link Copied!
Question
Finance
2. Now, instead of taxes or quotas, suppose that the government funded research instead, in an effort to reduce pollution. Suppose researchers at CSUs Wheat Breeding Program developed a rust resistant wheat that doesnt need to be sprayed. Now farmers dont have the variable costs of spraying the fungicide, and they have fewer yield losses. And it eliminates the $1.50/bushel negative externality. Compare this policy outcome to the Pigovian tax. Who wins, who loses?
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.