Use the following model framework to conduct an intertemporal analysis of the stock pollution. In each time period t, M, = pollution flow (emission), A = pollution stock (concentration in atmosphere). %3D The annual benefits from pollution is modeled by the benefit function: B = B(M) = 100M – 0.5M² %3D %3D The annual damages from pollution is modeled by the damage function: D = D(A) = 2 + A? The current pollution stock level is given at 10. The pollution stock decays in the atmosphere at a rate of a = 0.4 The discount rate of the intertemporal decision is r = 5%.

Q: a code of conduct for business(a) applies to all businesspeople in canada(b) applies only to large…

A: he correct answer is (d)  a code of conduct for business is an agreed-to written document created by…

Q: Typed please and asap plrase provide a quality solution for better ratings with introduction and…

A: Government Responsibilities Towards Economic MigrantsEconomic migration, the movement of people to…

Q: Repayment of loan with interest is a capital expenditure True/False

A: # The upgradation for maintenance of physical assets is counted as capital expenditure.

Q: Why are families so important to the American economy?

A: Rising monetary disparity in the United States and all over the planet is broadly considered a…

Q: ICD-10 was implemented in October 2015. Summarize how the industry handled it.

A: The first international classification list called as international list of causes of death was…

Q: Business strategy for government agency to meet management challenges?

A: The main business strategy for government agencies is to go digital to reach a large number of…

Q: How do get break even level of income

A: The breakeven point is determined by partitioning the fixed expenses of production by the cost per…

Q: Government-imposed taxes cause reductions in the activity that is being taxed, which has important…

A: There are many sub-parts of the question. As per honor code, we can only provide solution of first…

Q: what is the role of the supervisor in handling grievances

A: A supervisor is a person who is responsible for supervising an activity or business. He is…

Q: may I also recieve help with iv to vi?

A: Price discrimination refers to the situation when the seller of a good is able to sell the same…

Q: ramifications /effects for Employees moving from the UK to Germany?

A: The countries in the European Union can trade freely between labour, capital, goods and services.…

Q: paticipation rates

A: Participation rates refer to the number of people working in an economy. Participation rates measure…

Q: What are the Annual benefits?

A: The investments are very important factors for the economic growth and development. This is because…

Q: Write any two precautions of income method

A: The income technique is a real estate estimation method that involves dividing the capitalization…

Comparative Advantage and Absolute Advantage Analysis

The theory of absolute advantage was given by Adam Smith in the year 1776.