Business, 06.01.2020 21:31 mona92

The table below shows some hypothetical data on the costs associated with the use of a liter of gasoline in a european country.

refining, distributing, and selling of gasoline all take place within this european country.
1. in euros, what is the private cost for an individual of a liter of gasoline in europe (ex: if your answer is 3.25 euros then enter 3.25)?
2. what is the social cost, in euros, of a liter of gasoline?

cost euros
cost of imported 0.5
cost of refining oil to 1
cost of distributing and selling 0.75
government 2.5
cost of pollution from one liter of 2

Answers: 2

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The table below shows some hypothetical data on the costs associated with the use of a liter of gaso...