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 $

The manufacturer of smart printers is trying to decide what price to set for its product. The  demand and cost function are assumed to be as follows: P = 80 -2Q TC= 160 +50Q-1.5Q  ² What price should the company charge if it wants to maximize its profit in the short run? What is  the optimal quantity for the printer following this optimal price?

A hotel's CPOR is $45.00. The hotel's highest cost distribution channel, on average, consists of a 22% third-party commission and the hotel pays an additional 3% franchise fee on all room revenue. What would be this hotel's average minimum ADR sales point? O $60.00 O $65.00 O $50.00 O $ 55.00

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A diesel refinery is upstream of an industrial farm. The runoff from the refinery pollutes the river and damages the crops. The farm earns $499 using the polluted water, but would earn $628 if it were clean. The refinery earns $1772 but would only earn $1607 if it had to divert resources to prevent the runoff. There are no environmental laws. Assume that a scrubbing machine that would prevent the runoff costs $24 plus an installation cost. What is the most that installation could cost for clean water to be the socially optimal outcome achieved through private bargaining? O a. $141.00 O b. $36.00 O c. Anything, the machine is not required as clean water will already be achieved. O d. $105.00 O e. $165

Plant sizes get larger as you move from ATC-1 to ATC-4. Output 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 5,500 6,000 ATC-1 $ 10 8 9 12 15 18 20 24 29 35 ATC-2 15 12 10 8 6 10 12 15 19 25 ATC-3 $ 20 17 15 13 11 9 7 11 13 15 ATC-4 $ 30 25 20 18 16 14 12 10 8 9 In the long run, the firm should use plant size ATC-3 for what level of output?

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Using the figure above, what is profit/loss for the firm?