Question

Explain how pollution damage can be abated by levying emission tax

Answer 1

Answer:

The emission tax can help in explaining the points of the carbon tax on the basis of environmental economic models.

It depends on the marginal abatement cost curve that works on the basis of the vertical and horizontal emission.

This firm of the polluting thing works in the marginal abatement cost that helps in lowering out the tax rate in the firm.  

Explanation: