Two firms, A and B, each currently dump 50 tons of chemicals into the local river. The government has decided to reduce the pollution and from now on will require a pollution permit for each ton of pollution permit for each ton of pollution dumped into the river. The government will sell 40 pollution permits for $75 each. It costs Firm A $100 for each ton of pollution that it eliminates before it reaches the river, and it costs Firm B $50 for each ton of pollution that it eliminates beforee it reaches the river. Neither firm produces any less output, but they both conform to the law. It is likely that between the cost of permits and the cost of additional pollution abatement, each firm will spend how much? How much does each firm pollute after the sale of the permits?
Answers: 3
Business, 22.06.2019 18:00, judali
David paid $975,000 for two beachfront lots in coastal south carolina, with the intention of building residential homes on each. two years later, the south carolina legislature passed the beachfront management act, barring any further development of the coast, including david's lots. when david files a complaint to seek compensation for his property, south carolina refuses, pointing to a passage in david's own complaint that states "the beachfront management act [was] properly and validly designed to south carolina's " is south carolina required to compensate david under the takings clause?
Answers: 1
Business, 23.06.2019 20:30, nellymbh4227
Mike, the chief executive officer (ceo) of a retail chain, wanted to keep costs low. to set an example for others, he drove his own car and furnished his office with plain, metal desks. in this case, mike was displaying:
Answers: 1
Two firms, A and B, each currently dump 50 tons of chemicals into the local river. The government ha...
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