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.Suppose that the government imposes a tax of $1400 per ton of pollution.As a result,pollution emissions are __________ tons and the total private cost is __________.
A) 18;$1900
B) 21;$2700
C) 16;$2500
D) 12;$4800
E) 17;$2300
Correct Answer:
Verified
Q102: The use of pollution permits by government
Q103: The two firms listed below have five
Q104: Compared to a fixed-percentage reduction regulation,a tax
Q105: For a fixed-percentage reduction in pollution emissions
Q106: The three firms below have five choices
Q108: The objection to selling pollution permits -that
Q109: The view that firms emit pollution because
Q110: The two firms listed below have five
Q111: The two firms listed below have five
Q112: Compared to an across-the-board reduction,taxing pollution emissions
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents