Answer:
Permits will be the best option
Explanation:
Assuming the cost per ton of polution reduction follows a linear progression and it can reach zero
<u>The best option will be the permits:</u>
As Firm B will eliminate their polution and sale his permis to Firm A
That occur as Firm B is more efficient in doing this will sale to Firm A
In the end Firm A will have all the permits and continue to produce 200 tons
but Firm B will produce none achieving the goal of 50% reduction with the least economic impact.
This is a market solution which little intervention from the Gvernment
Cost to eliminate 200 polution with permits:
200 x $10 = 2,000
If we force each company to reduce pollution Firm A higher cost will create deadweight-loss
100 x $20 = 2,000
100 x $10 = <u> 1,000</u>
3,000
Answer:
Sean arranging the interview with his boss
Explanation:
Consideration in contract law refers to something of value or a benefit that is exchanged between parties involved in a contract. It is something that party A gives to party B in exchange for another consideration.
Consideration is the main reason why a contract exists.
Sean arranged the interview in exchange for Mark sharing his pottery prize.
Answer: b - high wages might be profitable because they raise the efficiency of a firm’s workers
Explanation:
The efficiency wage theory suggests that increasing wages increases labour productivity which can increase profitability of the firm.
High wages increases the retention rate of labour and their productivity.
The economic term for the want-satisfying ability, or value, that organizations add to goods or services is utility.
<h3>What is utility?</h3>
Utility refers to the amount of satisfaction a consumer derive from the consumption of certain commodities.
It is the importance or value added to a product or service that helps gives the consumer useful information about all products and services.
Hence, the economic term for the want-satisfying ability, or value, that organizations add to goods or services is utility.
Learn more about utility here : brainly.com/question/24848038
Real-time messaging, obviously.
