Emissions Marginal Abatement Total Abatement Cost Total Tax Bill at Total Costs (tons/month) Cost $100/ton 10 1000 15 900 8 30 800 7 50 700 70 600 100 500 4 120 400 3 150 300 2 185 200 1 230 100 290 Refer to the Table above. If the firm above faced an emissions charge of $150 per ton/month, at what level of emissions does the firm minimize total abatement cost? 8. O 5 4
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- An electricity generation company currently emits 99 tons of sulfur dioxide. Sulfur dioxide emissions contribute to respiratory illness and create acid rain when combined with other chemicals in the atmosphere. The table below shows the marginal cost of abatement, which increases as different abatement techniques are used. Quantity Abated (tons) Marginal Cost of Abatement per Ton 11 $5,000$5,000 22 $8,000$8,000 33 $15,000$15,000 44 $20,000$20,000 55 $30,000$30,000 66 $42,000$42,000 77 $56,000$56,000 88 $80,000$80,000 99 $135,000$135,000 Suppose the government imposes a pollution tax of $44,000$44,000 per ton of sulfur dioxide emitted. How many tons of sulfur dioxide will the company abate, and how many tons of sulfur dioxide will it emit? Write the exact answers. Do not round.Interior resources purchased land for 14,082,000 which their experts believe to contain 27.7 million tons of tar sans. It costs 3,143,000 to develop the property who’s residual value is estimated at 986,000. Determine the current year depletion expense of annual production amounted to 5,143,000 tons. Round pollution cost per unit to the nearest cent.  Answer key A. 1,623,900.00 B.2,614,574.95 C.3,015,060.54 D.3,274,883.72The government allows sulphur dioxide emissions of 4 parts per billion and has a tradable permits program. The 2 firms in the market pollute at a rate of 5 parts per billion and 6 parts per billion respectively. The 2 firms have the following costs to reduce emissions. The least expensive way to reach the government’s mandate is: Reduction of Sulphur Dioxide Cost - Firm 1 Cost - Firm 2 By 1 part per billion $200,000/year $80,000/year By 2 parts per billion $420,000/year $200,000/year By 3 parts per billion $700,000/year $340,000/year By 4 parts per billion $1,200,000/year $650,000/year Group of answer choices $400,000. $200,000. $340,000.
- when left the treat environment as if it has no value the polluters in region release collective 500 tons of pollutant per year. The damages from this pollutant are MD=10e while aggregate abatement cost is MAC=10+5a. Calculate; A)efficient aggregate levels of abatement and emissions B)use calculations to show that a one ton increase or decrease in emissions would not be efficientA6 A marginal abatement cost that shows a factory's pollution is represented by MAC= 360 - 5E with a tax per unit equal to 20$. How much will the factory reduce its emissions? SHOW FULL CALCULATIONSCOURSE: MICROECONOMICS - TAX REGULATIONS The local diesel market is represented by Q = (912 - P)/12.5 and Q = (P - 315)/11where P is in dollars (USD) per liter of fuel and Q shows liters of fuel (in millions). Currently a tax of USD 130 per liter of diesel is charged.It is requested:(a) Calculate the amount (Q) that is transacted after the tax has been applied. Already solve few hours agob) Show in detail the calculations of a). Is there any difference between the price observed by suppliers and demanders? If so, what is the price observed by the producer and what is the price observed by the consumer? how much is the government's revenue? If there is an efficiency loss, how much is it? Already solve few hours agoc) At present, there are arguments in favor of increasing the tax on diesel and others in favor of decreasing it (at least temporarily). Mention at least ONE argument in favor of increasing this tax and ANOTHER argument in favor of decreasing it. And finally, conclude in…
- Describe the list of any known constraints imposed by the environment or by management of FreeRice project?Elya's construction company is charged 150 pesos per ton for hauling its raw materials by ABC trucking company. Forty tons per day are hauled for 300 days a year. They desired to install a railway system to reduce the cost of trucking of the raw materials to 6.6 pesos per ton. Maintenance costs of this are 12000 per month. Tax is 1%. The average rate of earning is 20% if the company has the cash necessary for the installation, would you recommend the change? if the company has to float 5,000,000 pesos worth of non-callable bonds at 15% that will mature in 10 years to have the capital for the project, would you recommend that change?In 1976, the parents of a seven-year-old boy sued a New York hospital for$3.5 million. The boy was blinded shortly after he was born two weekspremature. His parents claimed that hospital doctors administeredexcessive oxygen to the baby and that this caused the blindness. Thecase went to trial, and just as the jury announced it had reached averdict, the lawyers for the two sides arrived at an out-of-courtsettlement of $500,000.a. If you were the parents, how would you decide whether to accept thesettlement or wait for the jury’s decision? What probabilityassessments would you need to make? Would you have accepted thesettlement?b. Answer the questions in part (a), taking the hospital’s point of view.
- Draw a diagram of the marginal abatement cost curve described by: MAC = 100 - 2E. What is the uncontrolled level of emissions? What is the marginal abatement cost of the 40thunit of abatement? What is the total abatement cost of 40 units of abatement?Owning, operating, and maintaining an automobile carries with it private internal costs to the driver, as well as public external societal costs. List five internal and external costsDuring your first month as an employee atGreenfield Industries (a large drill-bit manufacturer),you are asked to evaluate alternatives forproducing a newly designed drill bit on a turningmachine. Your boss’ memorandum to you haspractically no information about what the alternativesare and what criteria should be used. The same taskwas posed to a previous employee who could notfinish the analysis, but she has given you the followinginformation: An old turning machine valued at $350,000exists (in the warehouse) that can be modified for thenew drill bit. The in-house technicians have givenan estimate of $40,000 to modify this machine, andthey assure you that they will have the machine readybefore the projected start date (although they havenever done any modifications of this type). It is hopedthat the old turning machine will be able to meetproduction requirements at full capacity. An outsidecompany, McDonald Inc., made the machine sevenyears ago and can easily do the same…