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Consider the various provisions in RCRA that discourage land-based waste disposal. Identify and explain one aspect of the law that is command- and-control in approach and one that is incentive- based.
Suppose that prior to the land restrictions of 1984, the market for land disposal was modeled as follows:D = MPB = 80 - 2L S = MPC = 20 + 2Lwhere L is thousands of tons of landfilled hazard- ous waste, and the dollar values are per ton.
When the 1984 restrictions decreased the supply of land disposal services, assume that the marginal private costs (MPC) of production decreased to MPC' = 32 + 2L.
a. Based on this model, quantify the decrease in land disposal accomplished by the restrictions.
b. Graphically show the qualitative effect on total external costs in the land disposal market.
The skinny corporation produces excerise videos according toQ=(KL)1/2, where k is the amount of capital used and l is theamount of labor employed. if capital cost $16 per unit and laborcost $2 per unit, skinny s minimized long run average total co..
What are the advantages and drawbacks of the United States relying so heavily on income taxes?
Assuming that all firefighters must be at least 67 inches tall, how does this height restriction affect the wage the city must pay to attract five firefighters, and how does the restriction affect the gender composition of employment
Write the auditor's opinion if adequate disclosure is not made.
The new mayor has pledged to reduce air pollution, and the only source of air pollution in the city are two cement plants, plant A and plant B. 25 years ago, when plant A was constructed, the cement production techn..
Suppose a monopolist producing Q units of output faces the demand curve P =20 -Q. Its total cost when producing Q units of output is TC = F + Q2, where F is a fixed cost. The marginal cost is MC = 2Q. a) For what values of F can a profit-maximizin..
After making these shifts, apply the midpoint formula to calculate the demand elasticities for the shifted points.
Describe the various techniques of analysis used by the agency in their decision making process. For example, what different analysis approaches could be used?
Overheard at water cooler: My regression model of demand is better than one that the consultant prepared for us because it has a higher R2.
The Snow City Ski Resort caters to both out-of-town skiers and local skiers. The demand for ski tickets of out-of-town skiers is given by Qo = 600 - 10 Po, while the demand for ski tickets of local skiers is given by Ql = 600 - 20 Pl .
Show that capital income taxes have no effect in the former, while they depress the effective capital-labor ratio in the latter. Explain why there is such a difference.
in 2003 the market price for a 3000 square foot home in south tampa florida was 350000 and 358 new homes were built. in
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