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ECO 345 HOTELLING (ARAMCO), COASE, CARBON TAX

ECO 345 HOTELLING (ARAMCO), COASE, CARBON TAX HW3, GROUP ASSIGNMENT. 1. Aramco (the Saudi company headquartered in Dhahran) has 30 barrels of oil. The marginal cost of extracting a barrel is given by MC(q) = 3q. This means that 3 is the cost of extracting unit number 1, and 6 is the cost of extracting […]

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Date: March 24th, 2024