The three firms below have five choices for pollution control: no controls or four different technologies,W,X,Y and Z.The amount of pollution emitted and the cost of the technologies are shown in the table.
-Refer to the information above.In the absence of either government regulation or private negotiation,the three firms will pick __________ and total pollution will be __________.
A) no controls;8 tons
B) no controls;24 tons
C) W;21 tons
D) X;18 tons
E) Y;15 tons

Question

The three firms below have five choices for pollution control: no controls or four different technologies,W,X,Y and Z.The amount of pollution emitted and the cost of the technologies are shown in the table. 
-Refer to the information above.In the absence of either government regulation or private negotiation,the three firms will pick __________ and total pollution will be __________.
A) no controls;8 tons 
B) no controls;24 tons 
C) W;21 tons 
D) X;18 tons 
E) Y;15 tons

Quizplus · Accepted Answer

In the absence of regulation or negotiation, firms will not control pollution, leading to maximum pollution output, which is 24 tons.

The Three Firms Below Have Five Choices for Pollution Control