Table 9.8
-Table 9.8 shows the production cost for two utilities at different levels of sulfur dioxide emissions. Assume that the government issued 8 marketable pollution permits to each firm. If Firm B would like to purchase one permit to be able to discharge 9 tons of sulfur dioxide, what is Firm B's willingness to pay?
A) $2,000
B) $3,000
C) $4,000
D) $5,000

Question

Table 9.8
-Table 9.8 shows the production cost for two utilities at different levels of sulfur dioxide emissions. Assume that the government issued 8 marketable pollution permits to each firm. If Firm B would like to purchase one permit to be able to discharge 9 tons of sulfur dioxide, what is Firm B's willingness to pay?
A) $2,000 
B) $3,000 
C) $4,000 
D) $5,000

Quizplus · Accepted Answer

The Answer of  Table 9.8
-Table 9.8 shows the production cost for two utilities at different levels of sulfur dioxide emissions. Assume that the government issued 8 marketable pollution permits to each firm. If Firm B would like to purchase one permit to be able to discharge 9 tons of sulfur dioxide, what is Firm B's willingness to pay?
A) $2,000 
B) $3,000 
C) $4,000 
D) $5,000

Table 9.8 -Table 9.8 Shows the Production Cost for Two Utilities at Utilities