Examlex

Solved

The Two Firms Listed Below Have Five Different Technologies for Pollution

question 57

Multiple Choice

The two firms listed below have five different technologies for pollution control to choose from: 1,2,3,4 and 5.The amount of pollution emitted and the cost of the technologies are shown in the table.In the absence of government oversight,the firms will pick technology 1 and emit 4 tons each.The government is considering two plans to reduce pollution: a 50% reduction by both firms or selling pollution permits.One permit entitles the owner to emit one ton of pollution.Without a permit,no pollution can be emitted. The two firms listed below have five different technologies for pollution control to choose from: 1,2,3,4 and 5.The amount of pollution emitted and the cost of the technologies are shown in the table.In the absence of government oversight,the firms will pick technology 1 and emit 4 tons each.The government is considering two plans to reduce pollution: a 50% reduction by both firms or selling pollution permits.One permit entitles the owner to emit one ton of pollution.Without a permit,no pollution can be emitted.   -Refer to the information above.A government regulation that requires both firms to reduce pollution by 50% results in process _________ being adopted,with a private cost of ________. A)  1;$575 B)  2;$650 C)  3;$810 D)  4;$1100 E)  5;$1600
-Refer to the information above.A government regulation that requires both firms to reduce pollution by 50% results in process _________ being adopted,with a private cost of ________.


Definitions:

Routine Request

A standard or common inquiry or demand, often procedural and requiring a straightforward response.

Key Applications

Essential or most useful computer programs or software that serve specific purposes in various fields.

Positive Messages

Communications that convey optimistic, encouraging, and uplifting information.

Further Action

Subsequent steps or measures to be taken following the current point in a process or plan.

Related Questions