1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Yuliya22 [10]
3 years ago
7

Two firms, A and B, each currently dump 50 tons of chemicals into the local river. The government has decided to reduce the poll

ution and from now on will require a pollution permit for each ton of pollution dumped into the river. The government will sell 40 pollution permits for $75 each. It costs Firm A $100 for each ton of pollution that it eliminates before it reaches the river, and it costs Firm B $50 for each ton of pollution that it eliminates before it reaches the river. Neither firm produces any less output, but they both conform to the law. It is likely that between the cost of permits and the cost of additional pollution abatement, a. Firm B will spend $3,000. b. Firm B will spend $3,500. c. Firm A will spend $4,500. d. Firm A will spend $4,000.
Business
2 answers:
Genrish500 [490]3 years ago
7 0

Answer: Firm A will spend $4,000.

Explanation: Daily chemical dumps into the river firm A & B = 50ton.

i. Firm B clean-up cost before it gets the the river = $50/ton.

= $50 x 50tons = $2500.

ii. Government polution rate $75/ton

= $75 x 40(permits) = $3000

Firm B clean-up is less than the cost of pollution permits with $500. Cleaning up it's pollution would be best since it's the cheaper alternative..

Firm A cleanup cost per ton ($100/ton).

= $100 x 50tons = $5000

ii. Government polution rate $75/ton

= $75 x 40(permits) = $3000.

Firm A clean-up is greater than the cost of pollution permits with $2000. Cleaning up it's pollution would cost more. So purchasing of permits would be best.

iii. Purchasing 40 pollution permits

= $100 x 40

= $4000.

vitfil [10]3 years ago
4 0

Answer:

d. Firm A will spend $4,000.

Explanation:

Since Firm B cost of Cleanup before it gets the the river is less than the cost of pollution permits, it will choose to clean up its pollution.

However, since Firm A cleanup cost per ton ($100) is greater than the cost of the pollution permit, it will choose to buy permits.

Maximum Allowable Number of Permits=40

Therefore, Firm A will clean up 10 Tons and dump 40 Tons of Waste.

Cost =(10 Tons *$100)+(40 Tons * $75)

=$(1000+3000)

=$4000.

Firm A will spend $4000.

You might be interested in
according to liquidity preference theory, a decrease in money demand for some reason other than a change in the price level caus
inna [77]

According to liquidity preference theory, a drop-off in money demand for some ground other than a change in the price degree causes The interest rate to go down, so the aggregate demand shifts.

<h3>What is aggregate demand?</h3>

The total amount of goods and services produced in an economy is the measurement of the aggregate demand.

The aggregate demand is shown as the total amount of money is exchanged at the particular price level and point in time.

Thus,  The interest rate to go down,

For more details about aggregate demand, click here:

brainly.com/question/13000505

#SPJ4

8 0
2 years ago
A steel manufacturing firm with about 1,000 employees operates in an environment that is simple and integrated (it makes a small
WINSTONCH [101]

Answer:

Organic structure.

Explanation:

Organic structure: It is defined as flat organizational structure as it does not follow normal hierarchical structure, it is more of a decentralized structure with a lesser layer of management at every level, where more information is shared among employee and each department co-operate with other departments, which helps the organization to adapt well with the changes. Employees have the opportunity to participate in the decision-making process of the organization.

In the given case, Steel manufacturing firm are following an environment that is simple and integrated but also dynamic and hostile, which is a perfect organic structure.

4 0
3 years ago
The managing director of top dog companies
Alexeev081 [22]

Answer:

What???

Explanation:

Jens-Peter Clausen. Managing Director and DE GmbH Partner.

Katrin Clausen. Manager.

Im not sure if my answer is right ▪_▪

4 0
2 years ago
A severe drought has damaged this year's lettuce crop. The initial effect on the lettuce market is a
rusak2 [61]

The initial effect on the lettuce market is (C) a decrease in the supply of lettuce.

<h3>What is the lettuce market?</h3>
  • Lettuce is divided into two types: head (iceberg) and leaf (romaine, butterhead, and leaf).
  • Since colonial times, lettuce has been farmed in the United States.
  • The ice shipping industry emerged in the western states in the early 1900s, boosting the range and appeal of lettuce.
  • Only potatoes outnumber lettuce salads in terms of annual consumption per capita.
  • In 2015, the annual consumption of all varieties of lettuce was 25.8 pounds per person, with head lettuce accounting for 51% (13.3 pounds per person).
  • Consumption of lettuce was about the same as in the preceding three years, but down approximately 20% from ten years before.

As a severe drought has damaged this year's lettuce crop.

Therefore, the straightforward initial effect on the lettuce market is (C) a decrease in the supply of lettuce.

Know more about the lettuce market here:

brainly.com/question/13180141

#SPJ4

Complete question:

A severe drought has damaged this year's lettuce crop. The initial effect on the lettuce market is a _____

A. decrease in the demand for lettuce.

B. rightward movement along the demand curve for lettuce.

C. a decrease in the supply of lettuce.

D. a decrease in both the demand and supply of lettuce

6 0
2 years ago
Each of the four types of checking accounts listed in the table above offers free ATM
Kaylis [27]
Yes it will
gib branliest
4 0
3 years ago
Other questions:
  • Examine the following budget: Monthly Budget Budgeted Amount Actual Amount Income Wages $1000 $850 Expenses Car - gas, insurance
    9·1 answer
  • _____ is not a primary concern when writing menu copy.
    9·1 answer
  • The Average Product of Labor is __________.
    14·1 answer
  • Selling the bonds at a premium has the effect of a. raising the effective interest rate above the stated interest rate b. causin
    5·1 answer
  • In Year 1, the actual budget deficit was $200 billion and the standardized deficit was $150 billion. In Year 2, the actual budge
    15·1 answer
  • Todd Mountain Development Corporation is expected to pay a dividend of $3 in the upcoming year. Dividends are expected to grow a
    8·1 answer
  • The following purchase transactions occurred during August for Elegance Catering Service: Aug. 4 Purchased cleaning supplies for
    13·1 answer
  • Let's pretend you have $1,200 a month to spend on rent. Be sure that there is at least
    14·1 answer
  • _____ are words that are specific to an employer’s needs or industry and improve your chances of having your résumé considered.
    6·1 answer
  • A unit volume objectives for pricing should be used judiciously because higher volume goals can sometimes result in Blank______.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!