SOCIAL STUDIES HIGH SCHOOL

Suppose that the population in Hoosierville dropped from 20,000to 10,000 people between 1990 and 2020. What effect does this have
on the socially efficient level of emissions? Answer this question
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Answers

Answer 1
Answer:

The socially efficient level of emissions will decrease due to the decline in population in Hoosierville. The reason for this is that as the population decreases, the amount of emissions that can be generated without causing negative externalities also decreases. Here is a detailed explanation:

When the population of Hoosierville decreases, the demand for goods and services also decreases. This implies that firms will reduce their production levels, which will subsequently decrease the amount of emissions generated by the firms.

Additionally, as the population declines, there will be fewer people commuting to work, which will decrease the amount of transportation emissions. Similarly, the decrease in the population implies that there will be less energy consumed in homes and offices, leading to a decrease in emissions from electricity generation.

In conclusion, the decline in population in Hoosierville will lead to a decrease in the socially efficient level of emissions. This is because fewer emissions will be produced at lower production levels, and there will be fewer emissions from transportation and electricity generation due to a decrease in energy consumption.

To know more about emissions , refer here

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Answer:

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Explanation:

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Answers

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Answers

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