Answer:
Answer for the question:
There are ten polluting firms, Firm1,. . . ,Firm10. Each firm emits 100 pounds of pollution prior to any regulations (so there are currently 1,000 pounds being emitted). Each firm has constant marginal abatement costs, but the costs vary across firms. Conveniently, the firms’ names indicate their marginal abatement costs. Firm1’s marginal abatement costs are constant at $1 per pound, Firm2’s marginal abatement costs are constant at $2 per pound,. . . , and Firm10’s marginal abatement costs are $10 per pound.
a. Suppose the regulator wants to achieve a 25% reduction in pollution (250 pounds). What is the cost effective allocation of emis- sions across the ten firms?
b. What are the total abatement costs for society to achieve a 250 pound reduction in emissions?
c. The marginal damage of pollution in this city is given by MD= 4-1/250 X, where X is the total reduction in pollution. What is the optimal level of pollution?
is given in the attachment.
Explanation:
Answer:
Correct option is A
“The flow of dollars between sellers of jewelry and clothing and buyers of jewelry and clothing” is the correct option
Explanation
It is a curve which shows various combination for the amount of two goods among which they can be produced with in the given available resources. Thus, it shows that the maximum amount of output is produced with the help of given resource.
Answer:
No, Elevators, Inc. has not broken the law because payment was made in United States currency.
Explanation:
It operates a substantial business abroad for high-end luxury hotels. It authorized a project manager to "charge" a government official a charge of 500 for speeding up the building permit process. so
- Under the law, it is illegal to bribe foreign officials to get business. But there is an exception to "facilitation payments", also known as grease payments made to speed up general government functions.
- Flexible payments can be used to persuade government officials to perform work that is already being done. Although many have argued that such payments are important for their operations in some areas, such as Asia and Africa, the difference between facility payment and bribery remains unclear.
Answer:
6.25 years
Explanation:
The formula to compute the payback period is shown below:
= Initial investment ÷ Net cash flow
where,
The Initial investment is $50,000
And, the net cash flow is $8,000
Now put these values to the above formula
So, the value would equal to
= ($50,00) ÷ ($8,000)
= 6.25 years
All other information which is given is not relevant. Hence, ignored it
Answer:
effective interest rate = 4.75 %
Explanation:
given data
principal = $108,000
time = 8 months = year
rate = 10%
solution
we get here first interest that is
interest = principal × rate × time .................1
put here value
interest = $108,000 × 10% ×
interest = $7200
so here effective interest rate will be here as
effective interest rate = × time ...........2
put here value
effective interest rate = ×
effective interest rate = 0.04761
effective interest rate = 4.75 %