Suppose the government imposes a per unit tax on an item who…

Suppose the government imposes a per unit tax on an item whose production process creates a negative externality. Suppose the tax is exactly the value of the external cost. If the government now uses the tax revenue to clean up pollution from this process, the market will:

I understand that before starting any proctored exam, I MUST…

I understand that before starting any proctored exam, I MUST scan my work area with my laptop to ensure there are no phones or other additional devices, notes, books, etc. I understand that failure to comply will result in a 50% penalty for my initial infraction, and 100% for subsequesnt infractions. I understand there are no exceptions to this unless I have the required accommodations that are discussed with Professor Bogart PRIOR to completing the exam.