Table 9.7 -Table 9.7 Shows the Production Cost for Two Utilities at Utilities

question 172

Multiple Choice

Table 9.7
-Table 9.7 shows the production cost for two utilities at different levels of sulfur dioxide emissions. Assume that the government issued 8 marketable pollution permits to each firm. If Firm B would like to purchase one permit to be able to discharge nine tons of sulfur dioxide, what is Firm B's willingness to pay?

• A) $2,000
• B) $5,000
• C) $6,000
• D) $9,000

---

Definitions:

Emotional Abuse

A form of abuse characterized by the use of words, actions, or indifference intended to control, intimidate, subjugate, demean, punish, or isolate another person.

First-Grade

The initial grade of primary education in many countries, following kindergarten and preceding second grade.

DSM-5 Criteria

The diagnostic criteria contained in the Fifth Edition of the Diagnostic and Statistical Manual of Mental Disorders, used for diagnosing mental disorders.