User Account

All Pages

Marginal cost of pollution control

Assignment Help Business Economics
Reference no: EM138719

The cost of pollution (in billions of dollars) originating in the paper industry is
Cp = 2P + P^2
where P is the quantity of pollutants emitted (in thousands of tons). The cost of pollution control (in billions of dollars) for this industry is
Cc = 5 - 3P

A) What is the optimal level of pollution?

B) At this level of pollution, what is the marginal cost of pollution?

C) At this level of pollution, what is the marginal cost of pollution control?

Reference no: EM138719

Questions Cloud

What would be the block''s velocity : An electric field of 220000 N/C points due west at a certain spot. What is the magnitude of the force that acts on a charge of -10C at the spot.
Which equations for the speed v0 is reasonable : What is the frequency of ultrasound in a medium if he wave length is 3.0 x 10^-3 m and velocity is 1300 mm/ms.
What is the magnitude of the average velocity of car : A car moves from a point located 26.0 m from the origin and at an angle of 35.0 from the x-axis to the point located 57.0 m from the origin and at an angle of 60.0 from the x-axis in 2.52 s.
What is the minimum current in the rod : When a potential difference of 166 V is applied to the plates of a parallel-plate capacitor, the plates carry a surface charge density of 32.0 nC/cm2. What is the spacing between plates.
Marginal cost of pollution control : At this level of pollution, what is the marginal cost of pollution control.
Calculate the tax incidence : Calculate the tax incidence of the buyers and the monopolist.
Tax be the most efficient : If a tax were to be imposed on one of these items, for which item would the tax be the most efficient.
Unfavorable to the trade partner : In what sense can this be said to be unfavorable to the trade partner. Does this mean that the welfare of the trade partner has definitely declined.
Punish beta with a retaliatory price cut : Can Alpha make a credible threat to punish Beta with a retaliatory price cut

Reviews

Write a Review

Business Economics Questions & Answers

  Four combinations of outputs of corn and rice

Calculate the four combinations of outputs of corn and rice for these 4 plans.

  James marshallian demand function

Elucidate in detail how banks operate. Include a description of how banks generate profits.

  Impacts on currency markets

Impacts on currency markets and on economic conditions within the country and globally.

  Explain with the concept of optimization

Explain with the concept of optimization and a graph, the circumstances under which a waste site could be made "too clean".

  Three types of plants face

There are three types of plant: coal, natural gas, and hydroelectric. The three types of plants face the costs appearing in the table above.

  Utility function for wealth

Now suppose your utility functioin is U= (square root)Wealth. What is the maximum you will pay for the bike check-in now.

  Cost leadership approach implicates

The cost leadership approach implicates competing by having a lower cost than one's competitors

  Economic principles of taxation

State two economic principles of taxation and which principle best justifies the excise tax on gasoline, when the tax revenue is used to maintain or improve the roads.

  Sells the resulting output of cookies

Write down an expression for the profit GBC will make if it uses L units of labor at $1 an hour and sells the resulting output of cookies at $p a cookie.

  Red cloud play in the factional splits

What role did Red cloud play in the factional splits that occurred in the late 1860s and 1870s.

  Result of nafta

the shortcomings of NAFTA for the last 20 years including what each country has lost as a result of NAFTA.

  Variables that affected by proposed steps

Explain how each of the following variables will be affected by proposed steps that you have identified in the first part of the discussion: money supply, interest rates, inflation rate, aggregate demand, and output. Provide support for your respo..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd