– Explain the difference between fixed-production technology and variable technology. Should the government set a goal of reducing the marginal social cost of pollution to zero in industries with-fixed production technology? Should they do that in industries with variable technology?
– What is the Lorenz curve? What does the Lorenz curve in Exhibit 2 illustrate?
questions must have at least 200 words per answer supported by more than the textbook reference, it must come from the FNU Library (2 references.) In addition your answers must prescribe to APA format.. You must submit a cover page, each question in a page by itself, and your references page must be also in a page by itself. And, please do not forget to reference your in-text.
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