Mushroom Farms Emit Unpleasant Odors That Affect Third Parties

question 4

Essay

Mushroom farms emit unpleasant odors that affect third parties. The marginal cost of the odors is MC = 4Q, where Q is the quantity of fumes emitted. Mushroom farmers can reduce odors by using various techniques and technologies; the marginal abatement cost is MAC = 1,200 - 36Q.
a. Suppose the quantity of odor emission is 33. Is that too much or too little?
b. Suppose the quantity of odor emission is 15. Is that too much or too little?
c. What is the efficient quantity of odor emission?

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Definitions:

HR Demand Requirement

The specific need or quantity of human resources that an organization requires to meet its objectives.

Short-Run Time Periods

A duration in which at least one input (like capital) in the production process is fixed, and only some costs can be varied.

Staffing Table

A Staffing Table is a document or tool used in human resources planning that outlines the current and future staffing needs of an organization, including positions and number of employees required.

HR Demand Requirement

The specific human resource needs of an organization, based on its strategic planning and operational requirements.