(Table: Pollution Permits) the Table Shows the Current Pollution Levels

question 95

Multiple Choice

(Table: Pollution Permits) The table shows the current pollution levels for each firm and the cost of abatement on a per ton of glop basis. If the government does NOT know the cost of abatement for each firm, then the total cost of cleaning up 80 tons of glop using pollution permits would be
$\begin{array}{|l|c|c|}\hline \text { Firms } & \text { Current Pollution Levels } & \begin{array}{c}\text { Abatement Cost } \\\text { (per ton) }\end{array} \\\hline \text { Shetland } & 70 & \$ 20.00 \\\hline \text { Dominion } & 80 & \$ 30.00 \\\hline \text { Greener Tech } & 50 & \$ 10.00 \\\hline\end{array}$

• A) $1,100.
• B) $2,400.
• C) $3,500.
• D) $1,000.

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Definitions:

Social Identity Theory

A psychological theory that posits individuals derive part of their self-concept from their perceived membership in a relevant social group, influencing their behavior and attitudes.

Self-Fulfilling Prophecy

A prediction that directly or indirectly causes itself to become true due to positive feedback between belief and behavior.

Non-Verbal Cues

Forms of communication without words, such as gestures, facial expressions, posture, and tone of voice, which can convey a wide range of messages.

Self-Fulfilling Prophecy

A psychological phenomenon whereby an individual's or group's belief or expectation brings about its own realization, influencing their behavior to make the prediction come true.