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.
Answer 1) Option B) Shift to the right.
Explanation : If the amount of land available to the company increases, the PPC will shift to the right. As the graph indicates, the PPC will grow by shifting on right side as the company is acquiring more land for building purpose.
Answer 2) Option C) Remain Unchanged.
Explanation : The company realizes it cannot construct any buildings on a portion of the land because it is at risk of a cave-in.
In this case, the PPC will remain unchanged. When the company realizes that no construction can be done on the portion of land because of its hollowness the PPC will remain to be undisturbed.
Answer:
(A) one is an expert or has more knowledge.
Explanation:
Power is an individual's ability to influence others and do what the individuals wants as well as persons ability to resit the influence attempts of others.
