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Answer to Question #146493 in Macroeconomics for Rinae

Question #146493
Draw a graph that represent a production activity of a coal mine in Mpumalanga,and where the air pollution is analysed in the form of coal dust.use hypothetical figures to explain
1
Expert's answer
2020-11-27T07:51:34-0500

The production activity of a coal mine in Mpumalanga can be shown as a point of marginal private cost (MPC) and marginal social benefit (MSB) curves intersection. The optimal production will be lower at higher price in point, where MSB = MSC (marginal social cost).


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