Montgomery owns a nuclear power plant in the town of Springfield. His power plant dumps substantial quantities of radioactive waste into the local pond, which has mutated the guppy fish population to have three eyes. The town decides to have Montgomery do something about the externality. Which method would NOT result in Montgomery accounting for the social cost of running the power plant?
a)Charge Montgomery $1000 per barrel of toxic waste he produces from the nuclear reactors.
b)Subsidize Montgomery for every three-eyed fish they find in the pond.
c)Clearly defining property rights to indicate that Springfield is the owner of the pond. As the owner, it has the right to compensation from Montgomery for any damages from the pollution.
d)The government gives Montgomery a permit to allow a limited amount of pollution but no more.
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 17:00, HourlongNine342
Serious question, which is preferred in a business? pp or poopoo?
Answers: 1
Business, 22.06.2019 19:30, taylorray0820
Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above
Answers: 2
Business, 23.06.2019 04:00, jasmine2531
Asmall company has 10,000 shares. joan owns 200 of these shares. the company decided to split its shares. what is joan's ownership percentage after the split
Answers: 2
Do you know the correct answer?
Montgomery owns a nuclear power plant in the town of Springfield. His power plant dumps substantial...
Questions in other subjects:
