The two firms listed below have five different technologies for pollution control to choose from: 1,2,3,4 and 5.The amount of pollution emitted and the cost of the technologies are shown in the table.In the absence of government oversight,the firms will pick technology 1 and emit 4 tons each.The government is considering two plans to reduce pollution: a 50% reduction by both firms or selling pollution permits.One permit entitles the owner to emit one ton of pollution.Without a permit,no pollution can be emitted.
-Refer to the information above.Dewpoint would be willing to pay up to __________,__________,__________,and __________ for the right to discharge 1,2,3,and 4 tons of pollution.
A) $700;$500;$400;$376
B) $50;$100;$200;$300
C) $1000;$700;$500;$400
D) $300;$200;$100;$50
E) $300;$100;$50;$0

Question

The two firms listed below have five different technologies for pollution control to choose from: 1,2,3,4 and 5.The amount of pollution emitted and the cost of the technologies are shown in the table.In the absence of government oversight,the firms will pick technology 1 and emit 4 tons each.The government is considering two plans to reduce pollution: a 50% reduction by both firms or selling pollution permits.One permit entitles the owner to emit one ton of pollution.Without a permit,no pollution can be emitted. 
-Refer to the information above.Dewpoint would be willing to pay up to __________,__________,__________,and __________ for the right to discharge 1,2,3,and 4 tons of pollution.
A) $700;$500;$400;$376 
B) $50;$100;$200;$300 
C) $1000;$700;$500;$400 
D) $300;$200;$100;$50 
E) $300;$100;$50;$0

Quizplus · Accepted Answer

The Answer of The two firms listed below have five different technologies for pollution control to choose from: 1,2,3,4 and 5.The amount of pollution emitted and the cost of the technologies are shown in the table.In the absence of government oversight,the firms will pick technology 1 and emit 4 tons each.The government is considering two plans to reduce pollution: a 50% reduction by both firms or selling pollution permits.One permit entitles the owner to emit one ton of pollution.Without a permit,no pollution can be emitted. 
-Refer to the information above.Dewpoint would be willing to pay up to __________,__________,__________,and __________ for the right to discharge 1,2,3,and 4 tons of pollution.
A) $700;$500;$400;$376 
B) $50;$100;$200;$300 
C) $1000;$700;$500;$400 
D) $300;$200;$100;$50 
E) $300;$100;$50;$0

The Two Firms Listed Below Have Five Different Technologies for Pollution