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Suppose that firm profited by emitting CO2. The firm's demand for the ability to emit is...

Suppose that firm profited by emitting CO2. The firm's demand for the ability to emit is given by: QD = 190 - 0.4P. Suppose the Marginal Social Cost of CO2 emissions was given by: MSC = 28.75 + 0.125Q. Calculate the optimal Pigovian Tax.

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