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shtirl [24]
1 year ago
8

When a government establishes a marketable permit program to address environmental pollution, it is actually issuing a form of c

ommand-and-control regulation. pollution tax. permit to pollute. inflexible, costly regulation.
Business
1 answer:
adoni [48]1 year ago
4 0

A government is issuing a permit to pollute when its establishes a marketable permit program to address environmental pollution.

<h3>What is a marketable permit program?</h3>

This refers to a a program in which a city / state government issues permits allowing only a certain quantity of pollution such as water, noise, air pollution into the environment.

In other times, the permits to pollute can be sold or given to firms free and the pollution charge can also be a tax imposed on the quantity of pollution that a firm emits.

Hence, the government is issuing a permit to pollute when its establishes a marketable permit program to address environmental pollution.

Read more about marketable permit program

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A competitive firm currently produces and sells 500 units of output. Its total revenue is $3,500; the marginal cost of producing
Orlov [11]

Answer: Reduce output

Explanation: Profit = Total Revenue – Total Costs

Therefore, profit maximization occurs therefore, profit maximization occurs at the most significant gap or the biggest difference between the total revenue and the total cost.

TC = AC×Q = $4×500 = $2,000

Theoretically, profit maximization occurs where MR = MC

From the forgoing, producing an extra unit will increase the cost of the company thereby reducing profit.

The company should reduced output to around 499 units or less

3 0
3 years ago
Some of the following future cash flows have been expressed in then-current (future) dollars and others in CV dollars. Use an in
Cloud [144]

Answer:

$62,267.91

Explanation:

first we must calculate the interest rate = 10% + 6% + (10% x 6%) = 16.6%

now we can use the present value formula:

present value = future value / (1 + rate)ⁿ

present values for:

  • cash flow year 0 = $17,100
  • cash flow year 3 = $46,500/1.166³ = $29,333.06
  • cash flow year 4 = $12,300/1.166⁴ = $6,654.43
  • cash flow year 7 = $26,900/1.166⁷ = $9,180.42

total present value = $62,267.91

6 0
3 years ago
Read 2 more answers
Thirty-year-old Henry tells his wife that he has 51,000,000 saved already. She tells him they should go on a big vacation soon.
Dimas [21]

Answer:

A

Explanation:

5 0
3 years ago
Suppose the yield on short-term government securities (perceived to be risk-free) is about 4%. Suppose also that the expected re
iogann1982 [59]

Answer: 10%

Explanation:

The Capital Asset Pricing Model or CAPM for short can be used to calculate expected return in the following manner,

Expected return = Rf+B(Rm-Rf)

Rf = Risk free rate

B = Beta

Rm= Market return.

Plugging the figures in we have

Expected return = Rf+B(Rm-Rf)

= 0.04 + 1(0.1 - 0.04)

= 0.1

= 10%

5 0
3 years ago
If 0.90 metric tons (mt) of crude oil cost $288, how much will 0.35 mt of crude oil cost?
Rashid [163]

0.35 metric tons (mt) of crude oil will cost $112 if 0.90 mt cost $288.

Crude oil and other hydrocarbons can be found in liquid or gaseous form in tar or oil sands, small cavities within sedimentary rocks, and underground pools or reservoirs.

<h3>What are crude oil and its uses?</h3>

Natural petroleum products like crude oil are made up of deposits of hydrocarbons and other organic elements. Crude oil, a sort of fossil fuel, is refined to create useful products like gasoline, diesel, and numerous other petrochemicals.

Given,

Crude oil = 0.9 (mt) cost is $288.

Required to Find Cost of Crude 0.35 (mt) =?

Find Cost of Crude (0.35 mt) = $288 multiply by 0.35 and divide by 0.9.

Find Cost of Crude (0.35 mt) = $288 x 0.35/0.9

Cost of Crude (0.35 mt) = $112

Thus, Crude oil will cost $112 for 0.35 metric tons (mt).

Learn more about Crude Oil here:

brainly.com/question/4433699

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6 0
2 years ago
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