based your evaluation of the current state of south african municipalities, do you think coalision governments work in south african municipalities? why and why not?
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- Explain why the federal government funds national defense.How does politics impact the issue of cost benefit analysis from a regulatory perspective? How does this issue impact the ability of a government intervention to achieve parato efficiency? Explain fully with examples? Does it matter if we are talking about a democracy versus a non-democratic government with differing market institutions? Explain.Suppose that Penn Products and Teller Industries are both emitting 30 metric tons of perfluorocarbons (PFCs) into the atmosphere. Regulators wish to reduce emissions to 40 metric tons overall, and plan to achieve this with a system of tradable permits. Penn’s marginal abatement costs are given by MACP = 5eP, where eP is the number of metric tons of emissions that Penn is cutting. Thus, the cost of cleaning up the first metric ton is $5, the second ton costs $10 to clean up, and so on. Teller’s marginal abatement costs are given by MACT = 7.5eT, where eT is the number of metric tons of emissions that Teller cuts. a. The lowest-cost way to reduce emissions is found when both firms’ marginal abatement costs are equalized. Equate Penn’s and Teller’s marginal abatement costs, and solve for eP in terms of eT. For each metric ton that Teller cuts, how many tons should Penn cut? b. Because 20 metric tons are to be cut, we know that eP + eT = 20. Use your…
- A donor's marginal benefit from a public good is MB=53-0.3G-0.75g, where G is the level of the public good and g is her individual contribution. How much would she contribute to the public good if a philanthropist contributes 50 and then others also contribute 47? Assume that her marginal cost of giving is 15.5.Please solve this question Construct framework for new and effective private sector tourism policies thatencompass social, environmental and economic impacts?Explain rate of return regulation and price cap regulation. What are the major implications of these models for public utilities?
- Fully describe any legal concerns (including naming relevant laws and such) and how you might recommend mitigating such concerns for each consideration.Under some conditions, command-and-control pollution standards could be just as good as a cap-and-trade program at bringing about a cost-effective allocation of total abatement responsibility across firms. Furthermore, the regulator could save the cost of running a cap-and-trade program. When would this most likely be the case? a.) If firms have very different technologies, are varying sizes, and there is a mix of older and newer plants, so it is safe to assume that the firms probably have very different marginal abatement cost curves. b.) If all firms have the same types of technologies, are about the same size, and have been in production for approximately the same length of time, so it is safe to assume that each firm’s abatement costs are similar, and the regulator can issue a one-size-fits-all standard. c.) If the regulator gathers detailed information about the technologies employed by every firm so it can figure out each firm’s marginal abatement cost curve. The…de-regulation and privatisation improve the efficiency of public sector activity. do you agree with this statement? why or why not?
- Wouldn't it be correct to say E=12, not 2E=12 for 12–(2/3)E=(1/3)E?What is the Legal Charges? What is the Violations of EPA Clean Water Act? How is the Legal Charge and the violation of EPA Clean Water Act that relate to the deepwater horizon of BP oil?It has been estimated that privately run buses, trains, and subways are about 10 percent cheaper, on a per rider basis, than the same transportation if government run. Is public transportation a public good? On this basis, would you recommend that public transportation be privatized? What additional information would you want to make this decision?
