Suppose the government wants to reduce the total pollution emitted by three local firms. Currently, each firm is creating 4 units of pollution in the area, for a total of 12 pollution units. If the government wants to reduce total pollution in the area to 6 units, it can choose between the following two methods:

Answers

Answer 1

Answer:

178 and 186

Regulation= 1,645

Tradable permits= 745

Elimination of pollution will be LESS costly

Explanation:

Calculation to Determine the total cost of eliminating six units of pollution using both methods

Computation for Method 1

REGULATION

Firm X = 95+120 = 215

Firm Y= 450+800 = 1,250

Firm Z= 80+100 = 180

Computation for Method 2

TRADABLE PERMITS

The prices at which firm Z willing to sell one of its permits to firm Y, but firm X is not will be :

178 and 186

Firm Initial permit Action Final Amount Cost of reduction

X 2 Sell 1 permit 3 95+120+200 = 415

Y 2 Buy 2 permit 0 0

Z 2 Sell 1 permit 3 80+100+150 = 330

REGULATION vs TRADABLE PERMITS

Regulation= 215+1250+180

Regulation= 1,645

Tradable permits = 415+330

Tradable permits= 745

Based on the above calculation for both regulation and tradable permits we can come to conclusion that elimination of pollution will be LESS costly to the society in a situation where the government distributes tradable permits because tradable permits is cheaper than regulation.

Answer 2

Emissions trading is a market-based strategy to pollution control that creates financial incentives for polluters to reduce their emissions.

178 and 186

Regulation= 1,645

Tradable permits= 745

Elimination of pollution will be LESS costly

Calculation to Determine the total cost of eliminating six units of pollution using both methods:-

Computation for Method 1

REGULATION:-

Firm X = 95+120 = 215

Firm Y= 450+800 = 1,250

Firm Z= 80+100 = 180

Computation for Method 2

TRADABLE PERMITS:-

The prices at which firm Z willing to sell one of its permits to firm Y, but firm X is not will be :

178 and 186

Firm Initial permit Action Final Amount Cost of reduction

X 2 Sell 1 permit 3 95+120+200 = 415

Y 2 Buy 2 permit 0 0

Z 2 Sell 1 permit 3 80+100+150 = 330

REGULATION vs TRADABLE PERMITS

Regulation= 215+1250+180

Regulation= 1,645

Tradable permits = 415+330

Tradable permits= 745

Based on the above calculation for both regulation and tradable permits we can come to conclusion that elimination of pollution will be LESS costly to the society in a situation where the government distributes tradable permits because tradable permits is cheaper than regulation.

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Related Questions

Why does a business often reach a point at which adding more resources does not increase productivity or profits at the same rate it used to? (diminishing returns, stages of production)

Answers

Answer:

diminishing returns

Explanation:

Diminishing returns are based on the economic concepts founded on the law of diminishing marginal returns. This law provides that after some optimal production level is achieved, the continuous addition of input will lead to a decreased output rate.

Diminishing returns is when productivity increases at a decreasing rate as more input are used while holding other factors constant. Once productivity arising from an input hits its peak, additional employment of that resource will result in a decreased or negative productivity.  For example, if input labor is added to a factory, new workers will improve productivity until the factory reaches its maximum capacity. Hiring more workers after the factor hits its peak will result in a decline in labor productivity.

Mr. Alex is the marketing manager of the company and he wants to implement a new way to promote the products in the market but his senior manager did not permit him and forced him to work strictly in accordance with the plan. Which limitation of planning is highlighted in this case

Answers

Answer: Planning reduces creativity

Explanation:

Under Planning reduces creativity, all team menbers are instructed or directed to work within the frame given by the management to them, working outside the frame of what was issued would go against the directives of the organization. This type of limitation of planning limits creativity, because members won't be able to introduce ideas to advance the growth of the team.

what are some type of jobs for 14 or 15 years old

Answers

-Dish washer
- Ice cream scopper

What is the value in customizing a cover letter? What do you think are the most valuable
three thing to customize? Why?

Answers

Answer:

The person hiring will see you actually care and your not just doing it for the money, it will also show some professionalism the three most important things to personalize is why you would be a good addition, your experience and how its helped you grow and how you would like to see yourself grow in their company

Explanation:

Question:4
Krishna Furnishers Martstarted its operations in the year 1954 and emerged as the market leader in the industry
because oftheir original designs and efficiency in operations. They had a steadydemand fortheir products but overthe
years, they found their market share declining because of newentrants in the field. The firm decided to review their
operations and decided that in orderto meet the competition, they need to study and analyze the market trends and
then design and develop their products accordingly. List any two impacts of changes in business environmernt on
Krishna Furnishers Mart's operations. (Hint: increase in competition and Market orientation)

Answers

Here are the answers

What is the most difficult part of being a leader?

Answers

Answer:

Guiding everyone else to success

Explanation:

The hardest part about being leader is to lead people with different personalities to work together for the achievement of the objective.

What are the difficulties of being a leader?

A good leader is only good as long as he can unite people and motivate them to work together for one purpose.

The hardest things to manage as a leader is to handle the conflict among the employees by avoiding biasness or favoritism.

One of the toughest aspects of leadership is delegating authority as people are very complicated.

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(a) Where the parent company does not hold 100 percent equity of the subsidiary company, what portion of the intra-group transactions between the parent entity and the subsidiary entity will need to be eliminated on consolidation? (2 marks) (b) What is a non-controlling interest, and how should it be disclosed? (2 marks) (c) How are non-controlling interests affected by intra-group transactions? (2 marks) (d) What are the three steps we use to calculate total non-controlling interest? (1 mark)

Answers

Answer:

Follows are the solution to this question:

Explanation:

In point a:

If the parent firm doesn't hold the conglomerate's equity stake, depreciation expense acknowledged by the parent company's owner and expenditures shall be removed throughout the consolidated statement of financial position. Its combined cash flow deletes debts previously recognized as assets for both the parent corporation and as debts for all the subsidiaries to offer a real and equal view. All the intragroup balance should be removed to avoid double-counting of financial assets resulting from payments in between the group's members.

In point b:

If a parent company has a stake in a subsidiary that is called noncontrolling interest over 50%, but less than 99 percent. Its parent company shall report a different non-controlling interest line on the income statement and revenue report to reveal its noncontrolling interest.

In point c:

Its Group of non - management Concerns may not claim responsibility mostly on a share of a benefit, doesn't have any influence from over parent's decision. Intra-group payments in a word-level shall be removed.

In point d:

Its NCI share of the opening in net assets of the subsidiary + NCI share of even an amortization fair value + NCI profits due to NCI - (dividend payable to the noncontrolling shareholder) = unlawful interest at the date of the merger is three steps for the calculation of total the uncontrol value.

HELP PLZ WILL GIVE BRAINLIEST. Click this link to view O*NET’s Tasks section for Human Resources Managers. Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common tasks performed by Human Resources Managers? Check all that apply.

Answers

Answer:

the awnser to this question is A C D F i promise these are right i had the same question

Explanation:

mark brainliest pls

Answer:
it is A, C, D, F
Explanation:
I just answered it

Which of the following is most likely to be a primary data source:
a. A sales invoice
b. A customer record
c. An expense report
d. A customer survey

Answers

Answer:

d. A customer survey

Explanation:

Data collected by researchers for the first time for a specific study is primary data.  A customer survey is a method of collecting primary data. A customer survey gathers information on the research topic directly from respondents.

Primary data like surveys are costly and consume time to collect, unlike secondary data. Other methods of collecting primary data include administering questionnaires, direct or indirect personal interviews, field observations, and experiments.

After settling a legal dispute, Frank must chose one of two settlement
payment options. He can either receive an immediate lump sum payment of
$250,000, or he can receive an installment payment package with annual
payments of $25,500 spread out over a span of 10 years. Which would likely
be more beneficial to him, and why?
A. The installment package would be better because it would prevent
him from spending all of his money immediately.
B. The immediate payment would be better because it is more
money overall.
C. The immediate payment would be better because he could use the
money immediately to invest it in a safe, low return account.
D. The installment package would be better because he'll have more
money in 10 years than with the lump sum.

Answers

After settling a legal dispute, Frank must choose The immediate payment of $250,000, because it would be better as he could use the money immediately to invest it in a safe, low-return account. Therefore, option C is the correct option.

What is investing?

Investing or investment is a financial term. It is both a tool and a source to generate wealth and income. Investment means putting the money in respect of an object, as the value of the objects differs with time so the value of the money will also differ accordingly. This fact about investment makes it both, risky and profit-making at the same time.

Thus, after a legal dispute is resolved, Frank must select the $250,000 immediate payment because it would be preferable because he could use the money right away to invest it in a secure, low-return account. As a result, choice C is the best one.

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give the two factors that contribute to successful baking explain how it helps in achieving high quality product in baking​

Answers

Answer:

In order to obtain a high quality product in baking, two crucial factors need to be taken into account:

*Choosing high quality ingredients, and understanding their properties, so that the mix and the cooking goes well.

*Understanding the baking method, with aspects such as temperature, oven time, and the need of one or several baking sessions being important.

Please help me don’t write if you don’t know how to solve it

Answers

Answer:

see below

Explanation:

1. Business Revenue

Revenue is the income generated from normal business operations. In this case, normal business operations are selling T-shirts.

The shop sold 25 t-shirts at 70 Dhs each.

Revenue is quantity sold multiplied by sales price

i.e., Revenue = quantity sold x selling price per unit

=70 x 25 Dhs

=1,750 Dhs

2. Business total cost

Costs are the expenses incurred in producing goods intended for sale.

The cost of producing one t-shirt is 15 Dhs.

The cost of producing 70 t-shirts will be.

Total cost = total quantity produced x unit cost

= 70 x 15 Dhs

=1,050 Dhs

3. Business profit

Profit is the income earned from business operation after deducting the cost from the revenues.

I.e., profits = revenue - cost

For this shop

profits = 1,750 Dhs - 1,050 Dhs

Profits = 700 Dhs

What happens to birds that don’t get sold in the pet store?

Answers

they get sold to another shop with higher demand, or become breeding stock

what would happen if the Federal Reserve chairman says that the central bank will raise interest rates. which and how would it affect food prices, housing or oil?

Answers

Explanation:

What are the answered choices

Choose the era that best matches the statement given.

A company who has pleasing the customer in its mission statement

Answers

Answer:

Marketing company era

Explanation:

They need to get their product out there, so they use mission statements to please the customer, which is marketing.

What type of relationship do a lawyer and a client have?

A) an administrative relationship
B) a labor relationship
C) an agency relationship
D) a tort relationship

Answers

Answer:

An Agency relationship but it's D on Edge

Explanation:

The type of relationship a lawyer and a client have is an agency relationship. Thus option (C) is correct.

What is an agency?

An agency is a business, firm, or organization that provides a specific service. Sometimes but not always the agencies also work on behalf of another group, business, or person.

Some agencies work for the private sector  like an advertising agencies, employment agencies, and travel agencies. Some are government agencies for example they are part of the public sector.

The advertising agencies, add agencies, or creative agencies are firms that focus on creating, planning, and handling advertising. In fact, some employment agencies belong to the government; therefore, they may also be in the public sector.

The type of relationship a lawyer and a client have is an agency relationship. Therefore, option (C) is correct.

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ECON Good morning can someone answer this ASAP

Answers

Answer:

D

Explanation:

Answer:

According to the Law of Demand: When the price of a product increases, the demand for the same product will fall.

So, the answer is 'A. the product's price increses

According to the video, some workers who work for themselves, such as Actors, Musicians, or Writers, may have what
sort of worker represent them to potential customers?
O an Agent
O a Headhunter
an Employer
a Mentor

Answers

Answer:

an Agent

Explanation:

just answered it and got correct

Answer: Agent

Explanation: just got it right on edge

I don't love you anymore
A pretty line that I adore
Five words that I've heard before
'Cause you keep me on a rope
And tied a noose around my throat
You're gone, then back at my door
'Cause if you're gonna leave
Better leave, better do it fast
Can't live a little longer
Sitting on your lap
'Cause you know what you're doing
When you're coming back
And I don't want to have
Another heart attack
Oh, I can't be
Your lover on a leash
Every other week
When you please
Oh, I can't be
The kiss that you don't need
The lie between your teeth
The cut that always bleeds
The cut that always bleeds
Say you love somebody new
And beat my heart, to black and blue
Then they leave, and it's me
You come back to
To say you loved me all along
And kissed the bruises 'til they're gone
Bittersweet, 'cause I can't breathe
Inside your arms
'Cause if you're gonna leave
Better leave, better do it fast
Can't live another minute
Bleeding from my back
'Cause I don't have another one
For you to stab
And I don't want to have
Another heart attack
Oh I can't be
Your lover on a leash
Every other week
When you please
Oh, I can't be
The kiss that you don't need
The lie between your teeth
The cut that always bleeds
The cut that always bleeds
But even though you're killing me
I, I need you like the air I breathe
I need, I need you more than me
I need you more than anything
Please, please
'Cause I could be
Your lover on a leash
Every other week
When you please
Oh, I could be
Anything you need
As long as you don't leave
The cut that always

Answers

Answer:

thats deep

Explanation:

Answer:

Explanation:Nym7ung

Tvhgffhjhg

hey this is for thebeauty4evr19 so don't take it or im reporting u

Answers

Answer:

ty

Explanation:

One of the FBLA-PBL's goals is creating more interest in and understanding of
American business______
A. services
B. products
C. enterprise
D. mentorships

Answers

Answer:

C. enterprise

Explanation:

It says on its website where you click on their about page and scroll down to their goals.

Answer:

enterprise

Explanation:

FBLA-PBL is a non-profit organizations that was created to provide help for students who wanted to transition from their school life to the business world.

FBLA focused their operation to help students middle school-high school while PBL focused their operation to help students in College.

This organization taught the students with a couple of knowledge from Industry's expert about how to run and operate a businesses. They teach the students about things such as:

- a list of knowledge or expertise that will be seen as a valuable skill in a certain industry,

-  what to expect when they're interacting with their customers and employers,

- how to deal with investors,

-  etc.

The following table shows a person's nominal and real wages for three years, as well as the price level (price index) for each year, using the first year as the base year. Fill in the blanks in the table, and then calculate the annual inflation rate for each year (not including the base year).



Instructions: Round your answers to 2 decimal places.

Answers

Answer:

Year  Nominal wage  Real wage  Price level  Inflation rate

1                  $7                  $5                140             Nil

2                 $9                  $6                150               7.14 %

3                 $12                 $7.5             160              6.67 %

Explanation:

Note: The table for the question is attached as picture

Price level in Year 1 = (Nominal wage in year 1/Real wage in year 1) * 100  

Price level in Year 1 = ($7.00 / $5.00) * 100

Price level in Year 1 = 1.4 * 100

Price level in Year 1 = 140

Real wage in Year 2 = (Nominal wage in year 2 / Price level in year 2) * 100.

Real wage in Year 2 = ($9.00 / 150.00) * 100

Real wage in Year 2 = $6

Nominal wage in Year 3 = (Real wage in Year 3 * Price level in Year 3) / 100.

Nominal wage in Year 3 = ($7.50 * 160) / 100

Nominal wage in Year 3 = $1,200 / 100

Nominal wage in Year 3 = $12

Inflation rate in Year 2 = (Price level in Year 2 - Price level in Year 1) / Price level in Year 1.

Inflation rate in Year 2 = (150 - 140) / 140

Inflation rate in Year 2 = 10 / 140

Inflation rate in Year 2 = 0.0714

Inflation rate in Year 2 = 7.14 %

Inflation rate in Year 3 = (Price level in Year 3 - Price level in Year 2) / Price level in Year 2.

Inflation rate in Year 3 = (160 - 150) / 150

Inflation rate in Year 3 = 10 / 150

Inflation rate in Year 3 = 0.0667

Inflation rate in Year 3 = 6.67%.

Price level in year 1 , Real wages in year 2 , Inflation rate in year 2 and Nominal wages in year 3 are 180, 8, 11.11% and 18 respectively.

Inflation based problem:

Missing information is given in the picture below.

Computation:

Price level in year 1 = [NW / RW]100

Price level in year 1 = [9 / 5]100

Price level in year 1 = 180

Real wages in year 2 = NW[100 / Price level in year 2]

Real wages in year 2 = 16[100 / 200]

Real wages in year 2 = 8

Inflation rate in year 2 = [tex]\frac{Price\ level \ in \ year 2 - Price\ level \ in \ year 1}{Price\ level \ in \ year 1} \times 100[/tex]

Inflation rate in year 2 = [tex]\frac{200-180}{180} \times100[/tex]

Inflation rate in year 2 = 11.11%

Nominal wages in year 3 = [tex]\frac{Real \ wages \times price \ level \ in \ year 3}{100}[/tex]

Nominal wages in year 3 = [tex]\frac{7.50 \times240}{100}[/tex]

Nominal wages in year 3 = 18

Find out more information about 'Nominal wages'.

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Hannah works in a factory that makes hearing aids. She is part of a team that designs how the electrical components are put together and encased. What kind of education or experience most likely prepared Hannah to qualify for this position?

A. an apprenticeship with another hearing aid maker

B. a bachelor's degree in electrical engineering

C. an internship at a hearing screening clinic

D. a doctorate in medicine​

Answers

I think it’s b because of electrical components

Answer

A Bachelor's Degree in electrical engineering.

Explanation:

She needs the knowledge of how to setup a hearing aid and they have electrical parts. So she is going to need that Bachelors Degree.

What are the characteristics of open and honest communication?

Answers

Answer:

being open and honest builds a sense of self-worth. It is about being moral, truthful to yourself and with others.

Explanation:

i’m pretty sure the answer is speaking truthful thoughts

your bestfriend just said taht she isnt going to collage, because she cant afford it. what would you tell her

Answers

Answer:If my friend told me that she cannot not go to college because she can’t afford it, I would suggest a number of ways so that I can help her. I would firstly emphasize on the importance of education so my friend knows that she is missing out on something major and she needs to work really hard to study.

I would suggest her to opt for scholarship programs that are offered by several colleges, there is a need based scholarship programs too. Moreover I would suggest her to find a job so she starts to earn and can fund her education.

Explanation: hope this helps :D can u plz give me a brainliest

Answer:

there are scholarships to help her, she could also get a job if that would help

Explanation:

hope this helps

when receiving inventory, you should do which of the following?

Answers

Answer:

what are the answers

Explanation:

What so AIA,SAG,AMA stand for

Answers

Answer:

AIA stands for American Institute Of Architects

SAG stands for Screen Actors Guild

AMA stands for American Medical Association

Explanation:

There are at least three ways to submit a cover letter to an employer. Which methods are
most effective in your industry? Why do you think this?

Answers

Answer:

Introduction, Sales Pitch and Conclusion.

Explanation:

What are the limitations of an MkIS?

Answers

Answer:

Limitations do exist with an MIS, such as the expense to create and implement an MIS, training time for employees, lack of flexibility and capturing wrong or incomplete information.

Explanation:

What degree is needed to be an accountant?
I really, really, really need the answer

Answers

It’s not required but accountants go to college and earn their bachelors degree!

Answer:

bachelor's degree

Explanation:

Although not required, most accountants attend college and earn a bachelor's degree. However, a bachelor's degree in accounting or a related field is considered the minimum education requirement for those who plan to become a CPA.

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