Suppose There Are Three Power-Generating Plants, Each of Which Has

question 8

Multiple Choice

Suppose there are three power-generating plants, each of which has access to 5 different production processes. The table below summarizes the cost of each production process and the corresponding number of tons of smoke emitted each. $\begin{array}{|c|c|c|c|c|c|}\hline \text { Process } & \text { A } & \text { B } & \text { C } & \text { D } & \text { E } \\\text { (smoke/day) } & \text { (4 tons/day) } & \text { (3 tons/day) } & \text { (2 tons/day) } & (1 \text { ton/day) } & \text { (0 tons/day) } \\\hline \text { Cost to Firm } X(\$ / \text { day) } & \$ 500 & \$ 514 & \$ 530 & \$ 555 & \$ 585 \\\hline \text { Cost to Firm Y (\$/day) } & \$ 400 & \$ 420 & \$ 445 & \$ 480 & \$ 520 \\\hline \text { Cost to Firm Z(\$/day) } & \$ 300 & \$ 325 & \$ 360 & \$ 400 & \$ 550 \\\hline\end{array}$
It would cost Firm X ______ to reduce emissions by one ton if it currently emits 3 tons, and ______ to reduce emissions by one ton if it currently emits 2 tons.

• A)$14; $25
• B)$14; $16
• C)$16; $25
• D)$30; $55

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Definitions:

Memory

The capacity of the mind to store, retain, and recall information, experiences, and skills.

Sleep Apnea

A disorder characterized by pauses in breathing or instances of shallow or infrequent breathing during sleep.

Periodic Limb Movement Disorder

A sleep disorder characterized by repeated movements of the limbs during sleep, often leading to disrupted sleep and daytime fatigue.

Insomnia

A sleep disorder characterized by difficulty falling asleep, staying asleep, or obtaining restorative sleep, leading to daytime impairment.