The government has decided to take action to reduce the pollution caused by the chemical industry. The industry is composed of p
rofit-maximizing, perfectly competitive firms. a. Identify 1 policy that the government could implement to reduce pollution. b. Explain the effect the policy you identified in part a will have on each of the following for the firms in the chemical industry-marginal cost, output & price.
a. In order to reduce pollution government can implement policies to clean the rivers or reduce carbon emissions to protect the environment. Carbon permits are their for companies to reduce their carbon emissions where as in case of polluting rivers government can regulate companies to find land filling sites to reduce pollution
b. The impact of regulation would be increase in the marginal cost. Output would be reduced based on the permit limits set for the chemical industry.
The increase in price of product is generally transferred upon the consumer.
The major components of a good opening for a cover message are already given and the only statement that best fit the definition is
" Dan Brown , a member of your marketing team told me that FedMax is seeking an experienced market researcher to work on a new product campaign"
The statement identified the position (market researcher) the body that sells the candidate (Dan Brown )and also the focus on the employer's need (new product campaign)
However ,the summary of qualification is supposed to be added to demonstrate a fit for the work
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Answer for your question!
Because one asset increases and another decreases by the same amount, the accounting equation remains unchanged and in balance, suggests Principles of Accounting. For example, if you collect $100 from an account receivable, cash increases by $100 and accounts receivable decreases by $100.
A high interdependence group is usually referred to a "Team". Each member has a task to do and his/her performance is very dependent on the tasks other team members are doing.
The term "Team" is used to exemplify groups within an organization as sports.
On the other hand, groups that only value its members personal merits and achievements develop low interdependence between members. Some professions are known for following this type of approach, i.e. accountants.