What is the total cost of pollution reduction

Assignment Help Business Economics
Reference no: EM131991735

Firm A produces 30 tons of pollution and its cost of pollution reduction = $100 per ton

Firm B produces 20 tons of pollution and its cost of pollution reduction = $200 per ton

Firm C produces 20 tons of pollution, its costs of pollution reduction = $400 per ton

Gov gives firm A 15 tradeable permits, and firm B&C each 10 traceable pollution permits (each permit = allows right to 1 ton of pollution)

What is the total cost of pollution reduction?

Reference no: EM131991735

Questions Cloud

Research the various aspects of physical assessment : Research the various aspects of physical assessment. Based on your research and understanding, respond to one of the following.
Relationship between the discount and compound processes : What is the "time value money" ?. Why is it so important?. Explain the relationship between the discount and compound processes.
Banking system and the role of the central bank : Define money and the money supply; describe the process of money creation by the banking system and the role of the central bank.
Determine the evaluability and measure the effectiveness : Describe how you will determine the evaluability and measure the effectiveness of the policy or program you are evaluating.
What is the total cost of pollution reduction : Gov gives firm A 15 tradeable permits, and firm B&C each 10 traceable pollution permits (each permit = allows right to 1 ton of pollution)
Design for construction of sports training facility : Design for construction of a specialized sports training facility in a given context and according to the desires and preferences of the area
Create a social media awarenes campaign : Create a social media awarenes campaign. For each application include the following: 1 Facebook post directed at patients providing an overview of the benefits.
Self-directed and vested retirement accounts : Determine the amount of investment funds you currently have available in all personal investments and self-directed and vested retirement accounts
What impact do you think cointelpro had on the evolution : What impact do you think COINTELPRO had on the evolution of U.S. counterintelligence? Explain.

Reviews

Write a Review

Business Economics Questions & Answers

  To understand what causes productivity growth

Suppose that capital per hour of work grows by 3 percent and technology grows by 1 percent over a one year interval. What is the growth rate of real GDP per hour of work? Show the formula and all work. To understand what causes productivity growth, w..

  Two representative consumers with endowments

Analyze the following economy (two goods,two periods,two representative consumers with endowments).. Xavier has Cobb-Douglas preferences over consumption today (A1 for apples today) and tomorrow (A2) of the form UX=.51 log(A1 ) + .49 log(A2 ). He beg..

  Can he return the extra eight reams

Marty ordered 100 reams of colored construction paper for his after-school art workshops. Bulk construction paper is shipped in 12 ream bundles (the industry standard). The shipment comes and Marty opens the nine bundles (108 reams). Can he return th..

  Federal and state governments

Identify what you will say on each of the following points: the role of state governments in public health, federal and state governments' involvement.

  Market price of cheeseburgers in college town decreased

The market price of cheeseburgers in a college town decreased recently, and the students in an economics class are debating the cause of the price decrease. Some students suggest that the price decreased because a new type of grill allows restaurants..

  What if everyone took these same actions

Ben is the manager of a branch of a large bank. He has regularly taken money from customer's accounts for his own use and changed the bank records to cover his actions. Ben is guilty of

  For a competitive market

For a competitive market,

  Describe the characteristics of oligopoly

Describe the characteristics of Oligopoly. What are some industries that behave like oligopolists?

  Absolute advantage in the production of that good

If one producer is able to produce a good at a lower opportunity cost than some other producer, then the producer with the lower opportunity cost is said to have an absolute advantage in the production of that good.

  Principal-agent problems-principal-agent relationships

In order to create an effective incentive compensation scheme, you must have. Principal-agent problems:  Principal-agent relationships:

  Lowest to highest interest rates paid to the bank

Which of the following correctly orders bank assets from lowest to highest interest rates paid to the bank?

  Federal reserve tries to change inflationary expectations

At times, the Federal Reserve tries to change inflationary expectations. Why would the Fed want to raise inflationary expectations? How would this strategy of raising inflationary expectations affect consumption and investment? Be sure to tie your an..

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