The Montreal Protocol isO the agreement between countries to reduce the amount of ozone in the tropospherethe agreement between countries to reduce the emissions of SO2the agreement between countries to reduce the emissions of chlorofluorocarbonsthe agreement between countries to reduce the emissions of greenhouse gasesnone of the answers listedQUESTION ZUWhich of the instruments covered in class to fix externalities was used to fix the problem of CFCS and the Ozone Layer Depletion?permits (cap and trade)O command and controlprivate solution (Coase solution)taxesThe Ozone layer isOis located at less than 10 kilometers of altitude and blocks the Sun raysO is located at around 10 kilometers of altitude protects humans from global warmingOis located in the troposphere and protects only humans against UV radiation but it does not protect plants.Ois located at around 10 kilometers of altitude and protects humans from UV radiation from the Sun.is located at around 6 kilometers of altitude and protects humans from X-ray radiation from the Sun.O none of the options listedWhat percentage of the energy needs for power generation comes from coal? (input just a number).

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The Montreal Protocol is O the agreement between countries to reduce the amount of ozone in the troposphere the agreement between countries to reduce the emissions ofrso2 O the agreement between countries to reduce the emissions of chlorofluorocarbons O the agreement between countries to reduce the emissions of greenhouse gases none of the answers listed

The Montreal Protocol is O the agreement between countries to reduce the amount of ozone in the troposphere the agreement between countries to reduce the emissions ofrso2 O the agreement between countries to reduce the emissions of chlorofluorocarbons O the agreement between countries to reduce the emissions of greenhouse gases none of the answers listed

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter14: Environmental Economics

Section: Chapter Questions

Problem 6SQP

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Similar questions

Identify the following situations as an example of a negative or a positive externality: You are a birder (bird watcher), and your neighbor has put up several birdhouses in the yard as well as planting trees and flowers that attract birds. Your neighbor paints his house a hideous color. Investments in private education raise your countrys standard of living. Trash dumped upstream flows downstream right past your home. Your roommate is a smoker, but you are a nonsmoker.
Consider two approaches to reducing emissions of CO2 into the environment from manufacturing industries in the United States. In the first approach, the U.S. government makes it a policy to use only predetermined technologies. In the second approach, the U.S. government determines which technologies are cleaner and subsidizes their use. Of the two approaches, which is the command-and-control policy?
Classify the following pollution-control policies as command-and-control or market incentive based. A state emissions tax on the quantity of carbon emitted by each firm. The federal government requires domestic auto companies to improve car emissions by 2020. The EPA sets national standards for water quality. A city sells permits to films that allow them to emit a specified quantity of pollution. The federal government pays fishermen to preserve salmon.
How can high-income countries benefit from covering much of the cost of reducing pollution created by low-income countries?
Suppose a city releases 16 million gallons of raw sewage into a nearby lake. Table 12.8 shows the total costs of cleaning up the sewage to different levels, together with the total benefits of doing so. (Benefits include environmental, recreational, health, and industrial benefits.) Using the information in Table 12.8, calculate the marginal costs and marginal benefits of reducing sewage emissions for this city. See Production, Costs and Industry Structure if you need a refresher on how to calculate marginal costs. What is the optimal level of sewage for this city? Why not just pass a law that films can emit zero sewage? After all, the total benefits of zero emissions exceed the total costs.
A city currently emits 15 million gallons (MG) of raw sewage into a lake that is beside the city. Table 12.13 shows the total costs (TC) in thousands of dollars of cleaning up the sewage to different levels, together with the total benefits (TB) of doing so. Benefits include environmental, recreational, health, and industrial benefits. Using the information in Table 12.13 calculate the marginal costs and marginal benefits of reducing sewage emissions for this City. What is the optimal level of sewage for this city? How can you tell?
Radio stations, tornado sirens, light houses, and street lights are all public goods in that all are nonrivalrous and nonexclusionary. Therefore why does the government provide tornado sirens, street lights and light houses but not radio stations (other than PBS stations)?
Refer to Table 12.2. The externality created by the refrigerator production was 100. However, once we accounted for both the private and additional external costs, the market price increased by only 50. If the external costs were 100 why did the price only increase by 50 when we accounted for all costs?
Education provides both private benefits to those who receive it and broader social benefits for the economy as a whole. Think about the types of policies a government can follow to address the issue of positive spillovers in technology and then suggest a parallel set of policies that governments could follow for addressing positive externalities in education.
As the extent of environmental protection expands, would you expect the marginal benefits of environmental protection to rise or fall? Why or why not?