The government allows sulphur dioxide emissions of 4 parts per billion and has a tradable permits program. The 2 firms in the market pollute at a rate of 5 parts per billion and 6 parts per billion respectively. The 2 firms have the following costs to reduce emissions. The least expensive way to reach the government’s mandate is: Reduction of Sulphur Dioxide Cost - Firm 1 Cost - Firm 2 By 1 part per billion $200,000/year $80,000/year By 2 parts per billion $420,000/year $200,000/year By 3 parts per billion $700,000/year $340,000/year By 4 parts per billion $1,200,000/year $650,000/year Group of answer choices $400,000. $200,000. $340,000.

Under emission standards, the amount of compliance cost faced by a polluter is ___________________________? The total abatement costs Zero The sum of the compensation and abatement costs The compensation based on damages caused by the polluter

when left the treat environment as if it has no value the polluters in region release collective 500 tons of pollutant per year. The damages from this pollutant are MD=10e while aggregate abatement cost is MAC=10+5a. Calculate; A)efficient aggregate levels of abatement and emissions B)use calculations to show that a one ton increase or decrease in emissions would not be efficient

Don't answer by pen paper and don't use chatgpt otherwise we will give dounvote

Two firms, Kegareta Incorporated and Sucio Enterprises, have access to five production processes, each one of which has a different cost and gives off a different amount of pollution. The daily costs of the processes and the corresponding number of tons of smoke emitted are shown in the accompanying table. Kegareta Incorporated Sucio Enterprises A B D E C 4 tons/day 3 tons/day 2 tons/day 1 tons/day 0 tons/day $ 40 120 $ 85 175 $ 135 250 $ 190 345 $ 250 460 If the government requires each firm to cut its emissions by 25 percent, the total cost of this policy to the society is $

Econ Return to Activity Score Mentor Mega Beans Market Booming Berries Booming Berries Materials Mark, if the external marginal cost from Booming Berries is $20 per thousand pounds, what is the socially efficient price per pound? 130 Booming Berrles 120 Clare 110 100 $70 90 80 70 Mark 60 That is correct! 50 40 30 Econ 20 Mentor 10 Mark, if the external marginal cost from Booming Berries is $20 per thousand pounds, what is the socially efficient quantity (in thousands)? 10 20 30 40 50 60 70 80 90 100 110 120 Quantity (in thousands) Clare Enter a response then click Submit below (in thousands) Submit MacBook Air F12 FI1 F9 F10 F8 F7 F6 888 F4 F5 F3 F2 esc F1 * & 24 % 8 @ # 7 3 4 2 T E Q tab Price (per pound)

In a market for tradable discharge permits, the buying and selling of permits determines · the aggregate pollution level the equilibrium permit price the allocation of abatement costs d. both (b) and (c) but not (a)

Describe the key symmetry between a pollution emissions tax and an emissions trading scheme. Outline some reasons you might wish to choose one approach in favour of the other when dealing with an emissions-reduction problem.

Bower likes to plant trees in his front year. His neighbors also derive pleasure form the trees in his front year. That is, Bower's trees provide a positive externality for the neighborhood. His marginal private benefit and the marginal social benefit (his and that received by his neighbors combined) are represented on the graph below, along with the marginal cost of planting a tree. Price, Cest (oll) $S0.00 45.00. 40.00 A 35.00 0 00 Margiaal Cot 25.00 20.00 15.00 argnel Soeiel Benett je 00 5.00 agnal hirde Bandfil 2 4 5 Quantity (mber of trees) Suppose the neighborhood subsidies Bower's trees. That is, neighbors give him enough money to plant the socially optimal number of trees. What area on the graph would be equal to the net social gain resulting form the subsidy? OA В Oc O A+ B

Cost and benefit (thousands of dollars per concert) MSC 100 80 60 40 20 0 5 A) 0. B) 5. (C) 10. D) 20. E) 15. 15 MC MB 10 20 25 Quantity (concerts per year) 39) The figure above illustrates the marginal private cost and the marginal social cost to the city of Halifax for each rock concert that is offered. It also illustrates the marginal private benefit. There is no external benefit. The efficient number of concerts in Halifax is