Question

1. examine the following figure: a carbon tax was imposed on the price of a gallon of gasoline. the primary purpose of a carbon tax is to (a) reduce carbon emissions by imposing a tax equal to the marginal external cost of carbon. (b) reduce carbon emissions by imposing a tax above the marginal external cost of carbon. (c) reduce carbon emissions by imposing a tax below the marginal external cost of carbon. (d) raise the price of gasoline so that the refineries and oil companies can make larger profits. (e) bring social consciousness to those who use gasoline. 88. in addition to absorbing harmful solar rays, how do ozone molecules help to stabilize the upper atmosphere? (a) they release heat to the surroundings. (b) they create a buoyant lid on the atmosphere. (c) they create a warm layer of atmosphere that keeps the lower atmosphere from mixing with space. (d) all of the above are correct. (e) none of the above are correct. 89. the specific form of radiation largely responsible for the formation of ozone in the stratosphere is (a) uva (b) uvb (c) uvc (d) infrared (e) gamma rays 90. ozone depletion reactions that occur in the stratosphere are facilitated by (a) no2- (b) nh3 (c) nh4+ (d) n2o (e) no3-

Explanation:

87.

The purpose of a carbon - tax is to internalize the negative externality of carbon emissions. By setting the tax equal to the marginal external cost of carbon, the market can reach an efficient outcome and reduce carbon emissions.

Ozone molecules release heat to the surroundings, create a buoyant lid on the atmosphere, and create a warm layer that keeps the lower atmosphere from mixing with space, thus stabilizing the upper atmosphere.

UVC radiation is highly energetic and is largely responsible for the formation of ozone in the stratosphere through the photodissociation of oxygen molecules followed by recombination with other oxygen molecules.

Answer:

A. reduce carbon emissions by imposing a tax equal to the marginal external cost of carbon.

88.