Government policies with respect to the recycling
Can you explain how different government policies with respect to the recycling of aluminum and paper might account for these different market outcomes?
Expert
Various government policies could cause these different market outcomes. For example, requiring the use of recycled aluminum in can production could raise its demand; requiring refundable deposits on cans at the time of purchase could give them a value not given to newspapers; giving tax breaks for the use of recycled aluminum and not for recycled newspapers would also encourage demand for aluminum and not for newspapers.
When, in a perfectly competitive industry, where the market price facing a firm is above its average total cost on the output here marginal revenue equivalents marginal cost, in that
Just need help to see if I am in the right direction if there any think wrong need help with it.
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