Answer:
a. the cost of reducing it's existing pollution by one unit.
Explanation:
Marginal cost refers to the addition to total cost when one more unit of output is produced. Marginal cost in the given case would refer to the additional cost incurred for reducing the current pollution level by one unit.
In the given case, a firm is charged $250 for each unit of pollution emitted under the pollution tax option.
It is also stated that all the firms experience increasing marginal costs of pollution reduction.
This means, as additional units of pollution are reduced, the additional costs would go on increasing.
If a firm finds that, reducing 1 unit of pollution from the current level costs it equal or more than $250, it will opt to pay $250 since, for each subsequent unit of pollution reduction, the additional costs would rise.
Answer:
Content.
Explanation:
Validity describes how precisely well a particular method estimates what is intended to be measured.
Content validity describes the extent to which things which are relevant and essential to the content described is estimated.
Content validity describes how efficiently well a a test is measuring a particular skill that is associated with the job, it measures the abilities and capabilities that are needed to carry out a particular job excellently well.
A lot of organizations carry out employment testing inorder to make the right choices when hiring employees.
I would say strategic planning. Let me know if I helped!
A beneficiary in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example, the beneficiary of a life insurance policy is the person who receives the payment of the amount of insurance after the death of the insured.