nunicipal solid-waste site for a city must be located at Site A or SiteB. After sorting, some of the id wastes will be transported to an electric power plant where it will be used as fuel. ta for the hauling of solid wastes from each site to the power plant are shown in Table below. SITE A 4 kilometers SITE B Average hauling distance Yearly rental fee for solid - waste site Hauling Cost 3 kilometers P5,000 P100,000 P1.50 per m² - km P1.50 per m² - km If the power plant will pay P8.00 per m' of sorted solid waste delivered to the plant, wher ould the solid-waste site be located? Use the city's viewpoint and assume that 200,000 m'of wastes will be hauled to the plant f e year only. What site must be selected? Show your computation and defend your answer. (20 points)

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter12: Environmental Protection And Negative Externalities
Section: Chapter Questions
Problem 5SCQ: Consider two approaches to reducing emissions of CO2 into the environment from manufacturing...
icon
Related questions
Question
2. A municipal solid-waste site for a city must be located at Site A or SiteB. After sorting, some of the
solid wastes will be transported to an electric power plant where it will be used as fuel.
Data for the hauling of solid wastes from each site to the power plant are shown in Table below.
Average hauling distance
Yearly rental fee for solid -
SITE A
4 kilometers
P5,000
SITE B
3 kilometers
P100,000
waste site
Hauling Cost
P1.50 per m - km
P1.50 per m - I
n° - km
If the power plant will pay P8.00 per m of sorted solid waste delivered to the plant, where
should the solid-waste site be located?
Use the city's viewpoint and assume that 200,000 m of wastes will be hauled to the plant for
one year only.
What site must be selected?
Show your computation and defend your answer. (20 points)
Transcribed Image Text:2. A municipal solid-waste site for a city must be located at Site A or SiteB. After sorting, some of the solid wastes will be transported to an electric power plant where it will be used as fuel. Data for the hauling of solid wastes from each site to the power plant are shown in Table below. Average hauling distance Yearly rental fee for solid - SITE A 4 kilometers P5,000 SITE B 3 kilometers P100,000 waste site Hauling Cost P1.50 per m - km P1.50 per m - I n° - km If the power plant will pay P8.00 per m of sorted solid waste delivered to the plant, where should the solid-waste site be located? Use the city's viewpoint and assume that 200,000 m of wastes will be hauled to the plant for one year only. What site must be selected? Show your computation and defend your answer. (20 points)
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Property Damage
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Economics 2e
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
Economics For Today
Economics For Today
Economics
ISBN:
9781337613040
Author:
Tucker
Publisher:
Cengage Learning
Micro Economics For Today
Micro Economics For Today
Economics
ISBN:
9781337613064
Author:
Tucker, Irvin B.
Publisher:
Cengage,
Managerial Economics: Applications, Strategies an…
Managerial Economics: Applications, Strategies an…
Economics
ISBN:
9781305506381
Author:
James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:
Cengage Learning
Exploring Economics
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
Economics
ISBN:
9781337091992
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning