Exhibit 31-3
Costs of Eliminating:
Firm A
Firm B
Firm...
Business, 15.04.2020 21:36, azimgd1612
Exhibit 31-3
Costs of Eliminating:
Firm A
Firm B
Firm C
1st ton of pollution
$ 30
$ 50
$ 600
2nd ton of pollution
$ 70
$ 90
$ 700
3rd ton of pollution
$125
$150
$ 900
4th ton of pollution
$200
$250
$1,300
Refer to Exhibit 31-3. Suppose that Firms A, B, and C are the only polluters in the state and that each emits 4 tons of pollution into the atmosphere. To cut the level of pollution the government imposes an emission tax of $300 per ton of pollution. As a result of this tax, Firm A would , firm B would and firm C would .
Select one:
a. not reduce any of its pollution; not reduce any of its pollution; reduce all 4 tons of its pollution
b. reduce all 4 tons of its pollution; only reduce 1 ton of its pollution; not reduce any of its pollution
c. reduce all 4 tons of its pollution; reduce all 4 tons of its pollution; not reduce any of its pollution
d. not reduce any of its pollution; reduce 3 tons of its pollution; reduce all 4 tons of its pollution
Exhibit 31-3
Costs of Eliminating:
Firm A
Firm B
Firm C
1st ton of pollution
$ 30
$ 50
$ 600
2nd ton of pollution
$ 70
$ 90
$ 700
3rd ton of pollution
$125
$150
$ 900
4th ton of pollution
$200
$250
$1,300
Refer to Exhibit 31-3. Suppose that Firms A, B, and C are the only polluters in the state and that each emits 4 tons of pollution into the atmosphere. To cut the level of pollution in half the government issues two transferable pollution permits to each firm (a cap and trade policy). What is the total cost savings to society of decreasing pollution to half its present level if firm C buys one pollution permit from firm A and one pollution permit from firm B compared to if there were a government mandate for each firm to cut pollution by one-half?
Select one:
a. $515
b. $1,300
c. $1,380
d. $965
e. $1,025
Exhibit 31-3
Costs of Eliminating:
Firm A
Firm B
Firm C
1st ton of pollution
$ 30
$ 50
$ 600
2nd ton of pollution
$ 70
$ 90
$ 700
3rd ton of pollution
$125
$150
$ 900
4th ton of pollution
$200
$250
$1,300
Refer to Exhibit 31-3. What is the cost to Firm C of eliminating 2 tons of pollution?
Select one:
a. $1,300
b. $300
c. $1,500
d. $2,200
e. $3,500
Insurance deductibles the problem of insurance coverage.
Select one:
a. are meant to reduce; adverse selection
b. are meant to reduce; moral hazard
c. unintentionally worsen; adverse selection
d. unintentionally worsen; moral hazard
A negative externality exists and government wants to impose a per-unit tax in order to bring about the socially optimal output. To accomplish its objective, government must set the tax equal to marginal
Select one:
a. private cost.
b. social benefit.
c. external cost.
d. social cost.
e. private benefit.
For a good where network externalities are present, having an early lead in the race for customers may be the only lead necessary to ultimately win the race for dominance in the good's market.
Select one:
True
False
Answers: 2
Business, 21.06.2019 23:30, brittd2728
Martha is the head of the accounts department in a small manufacturing company. the company follows the accrual-basis method of accounting. it recently purchased raw materials worth $5,000 from its vendors. however, the company paid only $3,000 to its vendors. it plans to pay the remaining amount after three months. considering this information, which entry should martha record in the company’s accounts? a. $5,000 as accounts receivable b. $3,000 as accounts payable c. $2,000 as accounts payable d. $2,000 as accounts receivable
Answers: 3
Business, 22.06.2019 02:30, linaaaaa7
Consider how health insurance affects the quantity of health care services performed. suppose that the typical medical procedure has a cost of $160, yet a person with health insurance pays only $40 out of pocket. her insurance company pays the remaining $120. (the insurance company recoups the $120 through premiums, but the premium a person pays does not depend on how many procedures that person chooses to undergo.) consider the following demand curve in the market for medical care. use the black point (plus symbol) to indicate the quantity of procedures demanded if each procedure has a price of $160. then use the grey point (star symbol) to indicate the quantity of procedures demanded if each procedure has a price of $40. q d at p=$160 q d at p=$40 0 10 20 30 40 50 60 70 80 90 100 200 180 160 140 120 100 80 60 40 20 0 price of medical procedures quantity of medical procedures demand if the cost of each procedure to society is truly $160, the quantity that maximizes total surplus is procedures. economists often blame the health insurance system for excessive use of medical care. given your analysis, the use of care might be viewed as excessive because consumers get procedures whose value is than the cost of producing them.
Answers: 1
Business, 22.06.2019 06:40, SkyMelvin
10. which of the following is true regarding preretirement inflation? a. defined-benefit plans provide more inflation protection than defined-contribution plans. b. because of preretirement inflation, possible investment-related growth is increased for defined-contribution plans. c. all types of benefits are designed to cope with preretirement inflation. d. preretirement inflation is generally reflected in the increase in an employee's compensation level over a working career.
Answers: 3
Business, 22.06.2019 10:40, emojigirl5754
Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable
Answers: 2
English, 04.10.2020 08:01
Geography, 04.10.2020 08:01
Biology, 04.10.2020 08:01
Mathematics, 04.10.2020 08:01
Mathematics, 04.10.2020 08:01