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prohojiy [21]
3 years ago
6

The government has recently introduced a marketable permit program for major polluters where one permit gives permission to poll

ute one unit. When the program is introduced, Firm A emits 400 units of pollutant and so is granted 400 permits. After one year, firms are issued 25% fewer pollution permits. If Firm A reduces its pollutants from 400 units to 260 units, how many permits does it sell after one year?
Business
1 answer:
Tcecarenko [31]3 years ago
6 0

Answer:

40

Explanation:

The calculation of Permits remaining is shown below:-

New number of permits issued = Emits units of Pollutant × Remaining percentage

= 400 × (100% - 25%)

= 400 × 0.75

= 300

Permits remaining = New number of permits issued - Reduction in units

= 300 - 260

= 40

The company sells 40 permits

Therefore, for computing the permits remaining we simply applied the above formula.

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Answer: Option A

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7 0
3 years ago
Pearl Corporation issued 1,700 $1,000 bonds at 103. Each bond was issued with one detachable stock warrant. After issuance, the
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Answer:

Solution as seen below

Explanation:

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3 years ago
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sergejj [24]

Answer:

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According to the economist, Joe made a loss because his opportunity cost would have yielded a better return. In evaluating the viability of a project, economists always consider the returns from the next best alternative. Joe would have made a profit if the returns from the sales of gold were higher than the 3 percent from a certificate of deposit.  Because Joe opted for the gold, he missed the chance to earn from the certificate of deposit. In economics, he made a loss.

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