Answer: B) When levels of pollution are high, the marginal benefit of reducing pollution also is high. It follows therefore that the benefit of reducing air pollution in 1970 would be much higher than the benefit from a proportional reduction in air pollution today when the level of pollution is much lower.
Explanation:
Marginal benefits follow a returns to scale model which means that overtime, the benefits received per additional unit of output is less than the benefit before it.
In the context of pollution, there was much more pollution in 1970 so reducing pollution gave a high marginal benefit. As the air became cleaner however and pollution dropped, the benefit began decreasing because there was less pollution to clean and benefit from.
Answer:
equilibrium market price = 40
Number of firms in the industry = 240
Explanation:
Let we assume the number of firms be N
And, at equilibrium
Marginal cost = market price
2Q = P i.e market price .....................(i)
Also demand = supply at equilibrium point
which equals to
= 240 × (P ÷ 2) = N × Q.......(ii)
So,
from (i) and (ii)
N i.e Number of firms in the industry = 240
since Q i.e Quantity =20 units
So,
P = 2Q
= $40
Answer:
The correct answer is letter "B": human resource manager.
Explanation:
Human Resource (HR) Managers are executives involved in all the processes of a company where it is needed to deal with employees and concerns. HR managers are the support of other businesses to implement strategies on how to administrate their labor force. HR managers are seen as the links between workers at all levels and high-rank executives.
Friendship is a state of enduring affection, esteem, intimacy, and trust between two people. Hence, there is sense of friendship among Jack and Marcus.
<h3>Advantages Of Living Near Your Workplace</h3>
- Jack and Marcus can avoid traffic and stay away from pollution
- It will help them save a lot of time
- They will end up saving money
- They will help you stay healthy
- It increases flexibility
Therefore, they (Jack and Marcus) will have the above advantage.
learn more about living near workplace: brainly.com/question/1162014
#SPJ1
