Appalachian coal mining thinks that it can increase labor

Assignment Help Microeconomics

Reference no: EM13389270

Appalachian Coal Mining believes that it can increase labor productivity and, therefore, net revenue by reducing air pollution in its mines. It estimates that the marginal cost function for reducing pollution by installing additional capital equipment is

MC = 40P

where P represents a reduction of one unit of pollution in the mines. It also feels that for

every unit of pollution reduction the marginal increase in revenue (MR) is

MR = 1,000 - 10P

How much pollution reduction should Appalachian Coal Mining undertake?

Reference no: EM13389270

Questions Cloud

Assume you are the marketing manager for target or another : 1. assume you are the marketing manager for target or another brand. how would you apply the four functions of the

Mmk cos normally pays an annual dividend the last such : mmk cos. normally pays an annual dividend. the last such dividend paid was 2.2 all future dividends are expect to grow

What can be done to mitigate or overcome constraints how : 1.what are the constraints in conducting an effective value chain analysis?2.what can be done to mitigate or overcome

Develop a three to four-page analysis excluding the title : develop a three- to four-page analysis excluding the title page and reference pages on the projected return on

Appalachian coal mining thinks that it can increase labor : appalachian coal mining believes that it can increase labor productivity and therefore net revenue by reducing air

Consider an opportunity for a new video game company : consider an opportunity for a new video game company entering into the market provide the following analysis for the

Shoplift security company is interested in bidding on a : the no- shoplift security company is interested in bidding on a contract to provide a new security system for a large

Suggest how each organization will monitor performance : propose how each organization will monitor performance achieve regulatory and accreditation compliance and improve

Select any two non-operations business functions give : 1 briefly discuss the three important trends in business that have focused attention on operations and supply chain

User Account

All Pages