Errors in the Textbook
Perman, Ma, Common, Maddison and McGilvray
NATURAL RESOURCE AND ENVIRONMENTAL ECONOMICS
Fourth Edition
Chapter 5
Page 165:
The last paragraph on p. 165 refers to Figure 5.3. It should instead refer to Figure 5.2. There is no area marked "B" on Figure 5.3.
(Thanks to Dr Paul Burke, Australian National University, for pointing this out to me.)