EBK FOUNDATIONS OF ECONOMICS
8th Edition
ISBN: 8220103632225
Author: PARKIN
Publisher: PEARSON
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Textbook Question
Chapter 11, Problem 5MCQ
A renewable common resource is used sustainably if ____________ .
A. private benefits and public benefits are equal
B. private benefits equal private costs
C. the rate of renewal of the resource equals its rate of use
D. the rate of use of the resource equals the social benefit from its use
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subject to X1
X2
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≤ 1,000,000
<2,500,000
X3
≤ 1,500,000
X4
≤ 1,800,000
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≥
0.55 (X1+X2+X3+X4)
X1
≥
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5,000,000
X1, X2, X3, X4 ≥
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Chapter 11 Solutions
EBK FOUNDATIONS OF ECONOMICS
Ch. 11 - Prob. 1SPPACh. 11 - Prob. 2SPPACh. 11 - Prob. 3SPPACh. 11 - Prob. 4SPPACh. 11 - Prob. 5SPPACh. 11 - Prob. 6SPPACh. 11 - Prob. 7SPPACh. 11 - Prob. 8SPPACh. 11 - Prob. 9SPPACh. 11 - Prob. 10SPPA
Ch. 11 - Prob. 1IAPACh. 11 - Prob. 2IAPACh. 11 - Prob. 3IAPACh. 11 - Prob. 4IAPACh. 11 - Prob. 5IAPACh. 11 - Prob. 6IAPACh. 11 - Prob. 7IAPACh. 11 - Prob. 8IAPACh. 11 - Prob. 9IAPACh. 11 - Prob. 1MCQCh. 11 - Prob. 2MCQCh. 11 - Prob. 3MCQCh. 11 - Prob. 4MCQCh. 11 - A renewable common resource is used sustainably if...Ch. 11 - Prob. 6MCQCh. 11 - Prob. 7MCQCh. 11 - When ITQs are assigned, the market price of an ITQ...
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