Evaluating program that reduces greenhouse gas emissions

Assignment Help Business Economics
Reference no: EM131009608

Suppose we are evaluating a program that reduces greenhouse gas emissions, and the marginal benefit of the program is larger than the marginal cost at the current time. How should we adjust this program to achieve a more optimal outcome with higher net benefits?

Scale back the program and allow for more greenhouse gas emissions

Increase the program activity in order to further reduce greenhouse gas emissions

The current level of emissions is optimal, and the program should not be changed

Reference no: EM131009608

Questions Cloud

Strong supporter of free trade : if you were a strong supporter of free trade and in charge of U.S. international trade policy, would you cut tariffs and quotas, or would you negotiate with the nation's trading partners, maintaining trade barriers unless they lowered their also? dis..
What is the equipments annual depreciation cost : Consider a facility that has a 30-year life, a replacement cost of $2 million, and an interest rate of 5%. Calculate the annualization factor. Show your work/ calculations using the formula. To implement the project, a new equipment is purchased at $..
Increase in demand on the price and quantity exchanged : Draw supply and demand curves. Show the impact of an increase in demand on the price and quantity exchanged in the market. Show the impact of a decrease in demand on the price and quantity exchanged in the market. Please use the US Bond Market as you..
Explain the economic usefulness of porters five forces model : Irene’s Dairy is deciding whether or not to enter the market for ice cream, currently monopolized by Mattie’s Ice-cream. If it enters the market, Mattie’s can either accommodate him and share his 10million in profits equally with Irene or fight him a..
Evaluating program that reduces greenhouse gas emissions : Suppose we are evaluating a program that reduces greenhouse gas emissions, and the marginal benefit of the program is larger than the marginal cost at the current time. How should we adjust this program to achieve a more optimal outcome with higher n..
Expected return of an arbitrage-free investment transaction : Investment theory suggests that there is no such thing as a “free lunch”. Accordingly, in an efficient market, there is no free money lying around – i.e. an arbitrage-free market environment. What would be the expected return of an arbitrage-free inv..
What would the nash equilibrium be in this game : Two street racers are playing a simultaneous game of chicken. They have to race towards each other and whoever swerves first is chicken and faces shame, a loss of 8, while the winner enjoys a gain of 3. If neither stop, they would crash into each oth..
What can you say about her economies of scope : Laura sells mushrooms and strawberries to tourists. If Laura spends the morning collecting only mushrooms, she picks 8 pints; if she spends the morning picking strawberries, she collects 6 pints. If she picks some of each, however, she can harvest mo..
Advocate the prevention of delinquency in youth : There are many programs currently in use today that advocate the prevention of delinquency in youth. In a 1-2 page paper identify at least two such prevention programs and describe the strategy each uses to further the cause of preventing these crimi..

Reviews

Write a Review

Business Economics Questions & Answers

  Marginal income product of hiring one low-skilled worker

Illustrate what is the marginal income product of hiring one low-skilled worker to clear woodland for one month.

  The theory of individual behavior

'The Theory of Individual Behavior', and much of the chapter is devoted to the use of indifference analysis to build a framework for demand theory. Indifference analysis goes to great lengths to explain consumer behavior and how consumers make choice..

  What a manufacturer of each product might do

Describe what a manufacturer of each product might do in the short run to raise production.

  Rise in incomes is the same proportion

If a rise in incomes is the same proportion for both low-income and high-income workers.

  Event of a rejection

Proposals for modifications of the law are formulated by committees. Under the closed rule, the legislature may either accept or reject a proposed modification, but may not propose an alternative.

  Compared to the natural rate of unemployment

What does the economy look like when the economy is in an unemployment gap? What type of unemployment rate is it compared to the Natural Rate of unemployment? What about inflation?

  Individual activity doesnot affect interstate commerce

If an individual activity doesn't affect interstate commerce, but the aggregate of that activity does, federal commerce jurisdiction exist under the:

  Representative households choose consumption

Consider an intertemporal model in which representative households choose consumption, c(subscript t+1) and two types of bonds b(subscript 1,t+1) and b(subscript 2,t+1) to maximize their utility over time, prices are perfectly flexible, and all marke..

  An economy is initially at the natural level of output

An economy is initially at the natural level of output. There is an increase in government spending. Use the ISLM model to illustrate both the short-run and long-run impact of this policy change. Be sure to label: i. the axes; ii. the curves; iii. th..

  Closest to the current price of the stock

A stock is projected to pay a dividend of $3 in 1 month. A three month at-the-money European put option on the stock has a premium that is $2.751 higher than the premium for a three-month-at-the-money European call option on the stock. The continuous..

  Calculate the present worth

At the end of the life of the project, the equipment can be sold for a profit with salvage value of 11,000. The MARR is 6.0 percent. Calculate the present worth.

  Comparative advantage in the production of fruit

Two countries, Haiti and the Dominican Republic, produce fruits and timber. Each island has a labor force of 1200 and the monthly productivity of each worker is as follow Basket of fruit Board feet of timber Haiti 10 5 Dominican Republic 30 10 a. Whi..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd