Examlex

Solved

The Following Table Shows Four Firms, the Amount Each Pollutes

question 161

Multiple Choice

The following table shows four firms, the amount each pollutes, the marginal cost for each firm to clean up pollution, and the total cost to each firm of eliminating all pollution.  Firm  Total Discharge (in  tons)   Marginal Cost of  Cleanup  (per tan)   Total Cost of  Cleanup  A 60$5.00$300 B 70$8.00$560 C 80$7.50$600 D 90$4.00$360\begin{array} { | c | c | c | c | } \hline \text { Firm } & \begin{array} { c } \text { Total Discharge (in } \\\text { tons) }\end{array} & \begin{array} { c } \text { Marginal Cost of } \\\text { Cleanup } \\\text { (per tan) }\end{array} & \begin{array} { c } \text { Total Cost of } \\\text { Cleanup }\end{array} \\\hline \text { A } & 60 & \$ 5.00 & \$ 300 \\\hline \text { B } & 70 & \$ 8.00 & \$ 560 \\\hline \text { C } & 80 & \$ 7.50 & \$ 600 \\\hline \text { D } & 90 & \$ 4.00 & \$ 360 \\\hline\end{array} The total discharge of these four companies is 300 tons. Assume there is no one else who pollutes. If the government establishes a regulation requiring each company to reduce pollution by 50 percent, what will be spent on reducing pollution?


Definitions:

Lower South

Refers to the southernmost states of the U.S., including Alabama, Florida, Georgia, Louisiana, Mississippi, South Carolina, and Texas, known for their deep historical association with slavery and the Confederacy.

Presidential Election

A national election held in a country that determines who will hold the office of the president.

Southern States

Are states located in the southeastern and south-central regions of the United States, characterized by their distinct cultural, historical, and socio-economic profiles.

Kansas

A U.S. state located in the Midwestern United States, known for its contributions to jazz music, agriculture, and as a pivotal location of conflict pre-Civil War.

Related Questions