The government can overcome the asymmetric information problem regarding pollution abatement by Multiple Choice placing an outright ban on gasoline. placing a carbon tax on any firm that reveals its emissions. none of the above. implementing mandatory vehicle smog checks.
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- 7- I want answer with steps of Critical Path Method urgently please. Many thanksWe are all aware that there are many natural resources, fossil fuels like coal, crude petroleum, mineral resources etc, which are essential inputs in modern manufacturing / production processes, and are available in limited stock (i.e., are exhaustible). In this discussion please discuss the role of technology in efficient utilization of these exhaustible resources which you might have come across in your own work experience. You could also discuss instances of firms taking steps to adopt renewable natural resources to cut down their reliance on exhaustible resources. 350 words and use referncesIn some ways the state of the world economy is less hostile today than when (then) finance minister Tito Mboweni read his Budget Speech a year ago. Global economic growth rebounded significantly in 2021, after the decimation brought about by the Covid-19 induced recession in 2020.One of the outcomes of this was a sharp recovery in commodity prices, which has resulted in much higher-than-expected mining tax revenue in South Africa. This, in turn, has provided some welcome – albeit limited – breathing space on the fiscal front.The local economy is thought to have grown by more than 4.5 percent in 2021 – the highest annual increase in more than a decade. On balance, the finance minister should be able to meet spending demands (including the extension of the Sassa payments) for the year ahead, without widening the Budget deficit or resorting to punitive upwards adjustments to tax rates.” Define fiscal policy Describe the role of the budget in fiscal policy. Discuss how the policy…
- figure 9-3 includedDragmmatically show and explain how oil prices dropped as concerns over fuel demand in the near term in COVID- 19 pandemic hit Europe and the United States.1. Which of the following statements is false?a) A high-efficiency organisation would want to have fewer storage facilities to increaseresponsiveness but this practice too is known to reduce responsivenessb) Having many production sites increases cost and reduces efficiency but responsiveness tocustomer demands increases because of proximityc) A highly responsive organisation for example would want to have many storage facilitieslocated nearer to customers but this practice reduces efficiencyd) None of the above
- Question 26 Consider two ways to reduce pollution--establishment of taxes on the pollution or the sale of permits to polluters. Which of the following best describes the outcome? a Both methods can result in the same reduction of pollution, but the permits may achieve that goal with lower administrative costs. b Both methods can result in the same reduction of pollution, but the permits may achieve that goal with higher administrative costs. c The permits will allow more pollution, but both methods will have the same administrative costs. d Both methods can result in the same reduction of pollution and the same adminstrative costs.Required: 1. Discuss the following statement. Include the core elements of sustainability in your discussion. ‘The concept of sustainability development applies to national economies but has nothing to do with individual businesses.’ 2. An increasing number of companies are reporting their sustainability performance. Explain why organisations report their sustainability performance, particular when in many countries such reporting is voluntary. Does the increase in the number of companies reporting their sustainability performance necessarily means that these are more sustainable in their outlook and performance? Discuss.Suppose Natasha currently makes $ 50,000 per year working as a manager at a cable TV company. She then develops two possible entreprenuiral business opportunities. In one, she will quit her job to start an organic soap company. In the other, she will try to develop an Internet-based competitor to the local cable company. For the soap-making opportunity, she anticipates annual revenue of $ 465, 000 and costs for the necessary land, labor, and capital of $ 395, 000 per year. For the Internet opportunity, she anticipates costs for land, labor, and capital of $ 3, 250,000 per year as compared to revenues of $ 3, 275,000 per year. What opportunity should she persue? a) She would persue the soap business b) She would persue the Internet business c). She would continue working for the cable TV company.
- Environmental Crime and Punishment Economists tend to view the decision by an individual to comply with an environmental law in terms of economic motivations. While good citizenship—obeying the law simply because it is the law—certainly plays a role in affecting behavior, it is also useful to analyze compliance decisions in terms of benefits and costs. Figure 14.3 illustrates a hypothetical marginal cost–marginal benefit analysis for a manager in a coal-fired power plant who has to decide what percentage of the time he or she plans to be in compliance with the sulfur dioxide emission standards on his or her state permit. The benefits that come from complying with environmental laws are essentially the avoided costs of punishment: monetary costs (fines and penalties), a damaged reputation (both for corporations and individuals), and the fear of jail terms. The expected benefits depend on two factors: the magnitude of the punishment if imposed and the likelihood of…multiple choice 34. Which of the following statements about next generation biofuels is correct?a. The objective of next generation biofuels is to use inorganic materials that will notdrive up food prices.b. The cost of next generation biofuels are low.c. The next generation biofuels will use sugarcane rather than corn.d. The next generation biofuels will not use any part of the corn plant. 35. Which best describes the economic view of energy efficiency?a. We should have the key focus of saving energy.b. We should adopt more energy efficient appliances as long as the technology isavailable.c. We should provide rebates for increases in the marginal product of energy.d. We should invest in economically efficient energy use. 36. Why might an economist be against a ban on incandescent light bulbs?a. A ban does not consider individual preference and willingness to pay.b. CFDs and LEDs are prohibitively expensive for income families.c. The use of incandescent light bulbs is accompanied by…Scenario The government of the island nation of Autarka has become increasingly concerned about the health and wellbeing of low income households. Medical experts stress the importance of a healthy diet in this regard. They have determined that, ideally, a household would consume at least 10kg of fresh fruit and vegetables each week. The government has proposed implementing a new voucher scheme to ensure that the 10kg per week consumption target is met. Under the government’s proposal, the vouchers would be redeemable for fresh fruit and vegetables, but could not be used for other types of food, or for non-food consumption. Moreover, to limit the cost of the voucher scheme, the value of the vouchers sent to a household would be linked to the household’s income. Community groups in Autarka have expressed concern that a voucher scheme is unnec- essarily paternalistic; depriving low income households of the choice of how to spend their income. These groups argue that the government’s…