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A: a. P=7.5 Q=3.5
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Q: 1- Solve the set of simultaneous equations below: a- 2x-4y=-24 9x-3y=-3 b- 2x+3y=27 6x+9y=81
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1.Does economic efficiency guarantee sustainability? Why or why not?
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- 11 When performing a benefit cost analysis of different options to provide clean water to a community, the option that should be chosen is the option that maximizes the benefit to cost ratio. True or False?Give typing answer with explanation and conclusion One advantage of an emissions tax over a cap-and-trade system is that a. permit markets can have transactions costs that taxes do not. b. taxes put a price on pollution, but cap-and-trade systems do not. c. once a cap-and-trade system is in place, there is no way for the government to adjust the price of permits. d. taxes are always popular.In environmental economics: Suppose that society wants to reduce the quantity of discharged residuals into the natural environment, what are 3 ways to do so? What are some obstacles that could be associated with each one?
- Give typing answer with explanation and conclusion Why the market tends to fail when dealing with environmental issues? It is said many externalities in environmental economics have features that are similar to that of public goods. We know that the provision of some public goods such as lighthouse can be solved through the market rather effectively. What makes environmental goods such as clean air different from other public goods such as lighthouse? Why is it more difficult to solve the provision of clear air through the market?Plz .... How do companies profit from sustainability ?What are the necessary conditions for economic efficiency? In what 4 situations might a market fail to achieve ideal economic efficiency?
- (microeconomics course) As the extent of environmental protection expands, would you expect marginal costs of environmental protection to rise or fall? Why or why not?2. Why does businesses need to produce safely, on time, to cost; to quality within the law?When should a private good be produced from an efficiency standpoint? A.When the marginal cost exceeds the sum of all of society’s marginal benefit B.When the marginal cost exceeds the marginal benefit from consumption C.When the sum of all of society’s marginal benefit exceeds the marginal cost D.When the marginal benefit from consumption exceeds the marginal cost
- The chapter defines private enterprise as a characteristic of market-oriented economies. What would public enterprise be? Hint: It is a characteristic of command economies.In what ways (it) company investments in research and development create positive externalities?Will the demand for borrowing and investing in R&D be higher or lower if there are no external benefits?
