After you have studied Economics in the News on pp. 410–411, answer the following questions:a. What are the marginal private costs of and marginal private benefits from using gas rather than coal to generate electricity? b. What are the marginal social costs of and marginal social benefits from using gas rather than coal to generate electricity? c. How will the EPA’s plan for power utilities to switch from coal to gas change the price that households pay for electricity? d. How will the EPA’s plan for utilities to switch from coal to gas change the efficiency of electricity production?
After you have studied Economics in the News on pp. 410–411, answer the following questions:a. What are the marginal private costs of and marginal”
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