The Matrixlandia Government wants to reduce the total amount of sulfur dioxide (SO,) emitted by the electric industry by requiring both Modern Electric and Ancient Electric to reduce their emissions by 3 tons each, for a total SO, reduction of 6 The table provides marginal cost (MC) of emissions reduction data. Reduction of SO, Modern Electric's MC (in Ancient Electric's MC (in emissions (tons) hundreds of dollars) hundreds of dollars) 1 9.25 12.75 11.25 17.00 3. 14.75 24.50 4 18.00 32.75 23.75 41.75 29.75 53.25 What will be the industry's total cost of reducing emissions by 6 tons (in hundreds of dollars)? Round your answer to two decimals. 89.00 total cost: %24 Incorrect

The Matrixlandia Government wants to reduce the total amount of sulfur dioxide (SO,) emitted by the electric industry by requiring both Modern Electric and Ancient Electric to reduce their emissions by 3 tons each, for a total SO, reduction of 6 The table provides marginal cost (MC) of emissions reduction data. Reduction of SO, Modern Electric's MC (in Ancient Electric's MC (in emissions (tons) hundreds of dollars) hundreds of dollars) 1 9.25 12.75 11.25 17.00 3. 14.75 24.50 4 18.00 32.75 23.75 41.75 29.75 53.25 What will be the industry's total cost of reducing emissions by 6 tons (in hundreds of dollars)? Round your answer to two decimals. 89.00 total cost: %24 Incorrect

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

How do you solve a problem similar to this? I’m confused on how to solve to find the quantity when you have the other variables. (Q1-15)-Q1/ ((Q1-15)+Q1)/2 = -30.30
f (x, y) = 3x² + y³ + 4xy² +8 Of(x,y) dr Of(x,y) dy What is the value of when x = 4 and y = 5? (Note: the answer may not be a whole number, so please round to the nearest hundredth) (Note: the numbers may change between questions, so read carefully)
#14 Control Charts: Yellowstone National Park Yellowstone Park Medical Services provides emergency health care for park visitors. The average number of visitors treated is 21.7 per day during the summer period. The estimated standard deviation is 4.2 visitors. a. For a 10-day summer period, the following data show the number of visitors treated each day. Day 1 2 3 4 5 6 7 8 9 10 # 25 19 17 15 20 24 30 19 16 23 Make a control chart for the daily number of visitors treated and plot the data on the control chart. Does the data indicate that the number visitors treated is "in Control"? b. For another 10-day summer period, the following data saw obtained. Day 1 2 3 4 5 6 7 8 # 20 15 12 21 24 28 32 36 96 35 10 37 17 Make a control chart for the daily number of visitors treated and plot the data on the control chart. Does the data indicate that the number visitors treated is "in Control"?
How is MC calculated? 300 for the first MC is incorrect.
A country’s gini co-efficient was 0.46 last year and is now 0.48. What can we infer from the change? What would it mean if a country had a co-efficient of 0 or 1?
A5
A = ? n = 00 i = 3% P = $12,000,000 Find: A