Both an emission tax and a tradable discharge permit scheme *have not yet been applied to situations in the real world ´ guarantee that the desired level of pollution will be reached even when there is uncertainty regarding the aggregate MAC function guarantee that pollution reduction will be achieved cost-effectively d. All of the above
Q: Suppose the aggregate MAC function is 100 - 20W and aggregate MD = 5W for a polluting industry.…
A: MAC = 100 - 20W MD = 5W
Q: A large sewer system will cost P180,000 annually. There will be favorable consequence to the general…
A: * SOLUTION :- * Given that , Annual cost = P180000 Annual benifits = P520000 Annual disbenifits =…
Q: Discuss the pros and cons of the following methods for distributing the initial allocation of…
A:
Q: Appalachian Coal Mining believes that it can increase labor productivity and, therefore, net revenue…
A: MC = 40 P MR = 1000 - 10P
Q: A public good Multiple Choice о generally results in substantial negative externalities. can never…
A: Public good in economics is a good or service that is made available to all people in a society.…
Q: Compared with taxes and tradable discharge permits, a cost-effective standard O a has the lowest…
A: Tradable discharge permit: Tradable contamination grants are alleged cap and exchange plans. They…
Q: Suppose that a firm's marginal abatement cost function with existing technologies is MAC = 8 - E.…
A: In economics, total cost is the least dollar cost of producing some quantity of yield. This is the…
Q: Discuss how public sector budgets reflect accountability during covid-19
A: Nowadays, pandemic covid-19 leads to a negative shock in the economy, which results in imbalance or…
Q: what are some of the challenges in the adoption and usage of EVA analysis in different industry…
A: EVA can be used by divisional managers to assess their performance. Divisions are effectively…
Q: A toy factory Avengers can generate 50 (CO2) emissions without any regulation. The marginal control…
A: Avengers can generate = 50 units allowed to emit = 20 units MC = 10+Q
Q: When evaluating the viability of a project, the test of economic efficiency requires that:
A: There ware various ways, techniques and methods to evaluate any projects. It involves but is not…
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A:
Q: Use the following model framework to conduct an intertemporal analysis of the stock pollution. In…
A: The state in an economy at which the variables increase or decrease at a constant rate is referred…
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A: The time and the scope of any Afghanistan constraint are the challenges in the form of the major…
Q: Suppose the following functions represent the marginal abatement cost (MAC) and marginal damage (MD)…
A: Given , Marginal Abatement Cost = 60 - 4E Marginal Damage = 2E Total Abatement Cost = ∫MAC =∫60 -…
Q: If the true marginal abatement cost is unknown by the regulator and if the marginal benefits of…
A: True Abatement cost is refer to the reducing environmental negatives including pollution and…
Q: Consider a coal-fired power plant, which emits smoke. The smoke harms tourism at a fishing lodge on…
A: here we calculate whether plant owner should accept the deal or not by following method as follow;
Q: ynamic Efficiency: Optimal resource allocation in a two-period problem The demand for a…
A: Dynamic efficiency is associated with time period that help to allocation resources between the two…
Q: A toy factory Avengers can generate 50 (CO2) emissions without any regulation. The marginal control…
A: Given: Avengers can generate units = 50 Allowed to emit units = 20MC=10+Q Where MC is the marginal…
Q: Which of the following statements is true? a. It is good to shift perspective when quantifying…
A: Cost-benefit analysis (CBA) is a technique for comparing the entire expenses of a programme or…
Q: he City is placed under Modified Enhanced Community Quarantine to contain the spread of the corona…
A: The guidelines are based on the current situation of transmission of the virus, coronavirus is the…
Q: Suppose that a firm's marginal abatement cost function with existing technologies is MAC = 8 - E. If…
A: Initial optimal emissions for firm; MAC= tax 8-E=1 E=7 Tax cost=7*1=7 Total abatement…
Q: Winner’s curse is more severe (A) for common rather than private values; (B) empirical…
A: The winner curse is the situation where the value of a good is same for all bidders, but the private…
Q: A new chemical component is discovered with amazing properties which however is so toxic that it can…
A: Creative destruction suggests that the old is always replaced by the new.
Q: Let's suppose a particular water pollutant causes K50 of damage per ton. Two sources emit the…
A: The expenses incurred to get rid of harmful byproducts produced during manufacturing are known as…
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A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
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A: Revenue: The term revenue explains the money generated or earned by an individual. To make money,…
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A: The cost function of reducing emission q, C(q) = 1,000 + 100q^2 a) q = 10 pound each day The…
Q: Discuss how public sector budgets reflect accountability during covid-19 ..in more words
A: Nowadays, pandemic covid-19 leads to a negative shock in the economy, which results in imbalance or…
Q: suppose atmospheric co2 is growing at 2 ppm/yr, fossil and cement emission are 9 GtC/yr and the air…
A: Given: CO2 growing rate = 2 ppm/ year 1 ppm of C02 = 2.12 gtc (standard value) Therefore, CO2…
Q: A couple of years ago, a global carbon tax seemed far from becoming a reality. However, the…
A: The government sets a price for each tonne of greenhouse gas emissions that emitters must pay under…
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A: The influence curve helps us to get a deep insight into the influence. It allows us not to study how…
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A: We are going to solve this environmental economics question with the help of Marginal approach to…
Q: Justify a positive discount rate in the n-period dynamic efficiency model.
A: Dynamic efficiency model is a static efficiency model scenario in which not only the magnitude but…
Q: The EPA determined the presence of a public health and ecological damage externality cost in dollars…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: An advantage of tradable permits over emission taxes is that no knowledge of marginal abatement…
A: Option A is correct answer ( no knowledge of marginal abatement costs is needed to ensure that the…
Q: Which of the following is a desirable property ofmoney?a. Scarcityb. Portabilityc. Divisibilityd.…
A: OPTION D - All of the above Money is scarce as there is limited supply of money. Money is portable…
Q: The Swedish Environmental Protection Agency investigates how emissions of an environmentally…
A: Marginal Damage is defined as the harm which is caused by an additional unit of pollution. Marginal…
Q: ssume you were invited as a resource speaker to your fellow age group during an Environmental…
A: Disasters strike all across the world on a regular basis. People are widely dispersed and live in a…
Q: Compared with a standard, both tradable discharge permits and emission taxes tend to be preferred by…
A: The government has to look after all the possible problems and issues which are a cause of the…
Q: Aggregation of individual preferences about a public project through majority voting will…
A: In government or voting, majority rule is a method of making choices. If more than half of the votes…
Q: The National Environmental Protection Agency has established that 2.5% of the median household…
A: B/C = 1.5 Median income = $ 45,000 Payment for safe drinking water = 2.5%
Q: Labor demand and supply of labor is one of the external factors that impact compensation practices.…
A: As no specific question is asked,only first question would be answered.
Q: The government has decided to impose a pollution tax on coal burning power plants in an attempt to…
A: please find the answer below.
Q: Suppose the aggregate MAC function is 100 - 20W and aggregate MD = 5W for a polluting industry.…
A: MAC = 100-20W MD = 5W
Q: Which of the following is not an objective of the National Ambient Air Quality Standards (NAAQS)…
A: The answer is fourth point. That is, Areas that did not meet the standards were designated…
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- During your first month as an employee at Engro. Industries (a large drill-bit manufacturer),you are asked to evaluate alternatives for producing a newly designed drill bit on a turningmachine. Your boss’ memorandum to you has practically no information about what thealternatives are and what criteria should be used. The same task was posed to a previousemployee who could not finish the analysis, but she has given you the following information:An old turning machine valued at $350,000 exists (in the warehouse) that can be modified forthe new drill bit. The in-house technicians have given an estimate of $40,000 to modify thismachine, and they assure you that they will have the machine ready before the projected startdate (although they have never done any modifications of this type). It is hoped that the oldturning machine will be able to meet production requirements at full capacity. An outsidecompany, Descon Engg. Inc., made the machine seven years ago and can easily do the…The marginal damage cost equation for carbon monoxide (CO) in urban areas is: MDCU = 36E; The marginal damage cost equation for CO in rural areas is: MDCR = 6E.The marginal abatement cost equation for CO is: MAC = 400 - 4E What is the total compliance cost under this scheme?A local college is deciding whether to conduct a campus beautification initiative that would involve various projects, such as planting trees and remodeling buildings, to make the campus more aesthetically pleasing. For the students of the college, the visual appearance of the campus isnonrival andnonexcludable . Thus, the visual appearance would be classified as a public good. Suppose the college administrators estimate that the beautification initiative will cost $61,110. To decide whether the initiative should be undertaken, administrators conduct a survey of the college's 2,240 students, asking each of them their willingness to pay for the beautification project. The average willingness to pay, as revealed by the survey, is $20. The benefit of the beautification initiative, as suggested by the survey, is . Because the estimated benefit is than the cost, the college administrators undertake the beautification initiative. The calculation of the benefit of…
- as alluded in the narrative, planning will be founded on a number oodf decisions taken. Decision-making is of paramount importance in public administration and it requires a certain skill set. Assess the decision-making technichues that can be applied in the public sectora.A clothing manufacturer makes trousers, skirts and blouses. Each trouser requires 20 minutes of cutting time, 60 minutes of sewing time and 5 minutes of packagingtime. Each skirt requires 15 minutes of cutting time, 30 minutes of sewing time and 12 minutes of packaging time. Each blouse requires 10 minutes of cutting time, 24 minutes of sewing time and 6 minutes of packaging time.The amount of time available for cutting, sewing and packaging is 115 hours, 280 hours and 65 hours respectively. Using either the ??????? ?????? ?? ?????????'? ????, determine how many of each type of clothing should be made to use all available labour hours?a certain masonry dam requires 200000 cubic meters of gravel for its construction. the contractor found to possible sources for the gravel with the following data
- if multicollineratiy problem exists in equaion which of the following statements is true? a)OLS estimators of the parameters keep their netrality,but their standard errors tend to decrease,so the t values become larger and the t-test is un reliable b)The predctions that will be biased OLS estimators of the parameters become valid c)The t ratios of at least one of the coefficients will be statistically insignificant and the R2 values will be small d)OLS estimators of the parameters keep their neutrality,but their standard errors tend to increase,so the t values become smaller and the t-test loses its reliabilitywhat are some of the challenges in the adoption and usage of EVA analysis in different industry settings?Western Processors Ltd manufactures and distributes a wide range of consumer products from itslocation in Kingston Jamaica. The firm imports raw materials from North and South America andexports its products to several international markets. The firm also has a high market share locallyand in its overseas markets for its wide range of high and low-value products. Management of thecompany believes that the company could significantly improve both distribution andenvironmental impact from transportation by investigating the possibility of using various modesof transportation for its various consumer products. Required:A. The company designs its transportation network so that a Distribution Centre servesseveral large customers in its local and international markets. Outline how the companycan use such a network to reduce transportation costs while replenishing inventory morefrequently.
- When we talk about massive energy generation through more traditional methods, such as hydroelectric andthermoelectric plants, it is inevitable that we think about environmental aspects and the entire chain involved so that theenergy generated in a locality is taken to large consumer centers. Seeking to improve thisIn this context, microgrids emerged, which can act in isolation or connected to the Interconnected SystemNational. For consumers, the main advantages are medium-term savings and the issue ofenvironmental. For the distributor, the impacts of microgrids are:ALTERNATIVESa) Practically non-existent, as current equipment is energy efficient and connecteddigitally, improving the operation of the network as a whole.b) Technical and environmental, as the consumer stops buying energy from the distributor, and the generation andtransmission becomes obsolete, generating waste for the environment.c) Exclusively technical, as the consumer connects the phases and the neutral to the SIN…The demand equation for a popular brand of fruit drink is given by the equation Qx=10-5Px+0.00I +10Py where Qx=monthly consumption per family in gallons Px=price per gallon of the fruit drink=GHC2.00 I=median annual family income=GHC20,000 Py=price per gallon of a competing brand of fruit drink=GHC2.5 a.Interpret the parameter estimates b.At the stated values of the explanatory variables,calculate the monthly consumption(gallons)of the fruit drink c.suppose that median annual family income increased to GHC30,000.How does this change your answer to part b?If specific duty is $2 per dozen and ad valorem duty is 20%, find the total duty on 12 dozen padlocks valued at $650.