Two Firms, a and B, Each Currently Dump 20 Tons

question 244

Multiple Choice

Two firms, A and B, each currently dump 20 tons of chemicals into the local river. The government has decided to reduce the pollution and from now on will require a pollution permit for each ton of pollution dumped into the river. The government gives each firm 10 pollution permits, which it can either use or sell to the other firm. It costs Firm A $100 for each ton of pollution that it eliminates before it reaches the river, and it costs Firm B $50 for each ton of pollution that it eliminates before it reaches the river. After the two firms buy or sell pollution permits from each other, we would expect that

• A)Firm A will no longer pollute, and Firm B will not reduce its pollution at all.
• B)Firm B will no longer pollute, and Firm A will not reduce its pollution at all.
• C)Firm A will dump 10 tons of pollution into the river, and Firm B will dump 10 tons of pollution into the river.
• D)Firm A will increase its pollution and Firm B will reduce its pollution.

Recognize the role of key figures and their ideologies during World War II.

Analyze the economic effects of World War II on American society.

Comprehend the significance of the Lend-Lease Act and its implications.

Examine American domestic policies during World War II, including the rationing system and labor movements.

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Definitions:

Club Mosses

Ancient group of non-flowering plants belonging to the division Lycophyta, characterized by their small, scale-like leaves and production of spores.

Pteridophyta

Pteridophyta is a division of non-flowering plants also known as ferns and their allies, characterized by having vascular tissues and reproducing through spores.

Bryophyta

A division of non-vascular plants that includes mosses, characterized by a life cycle dominated by the gametophyte stage.

Hepaticophyta

A division of non-vascular plants known as liverworts, which are small, herbaceous plants found worldwide, playing a key role in the ecology of moist habitats.