Suppose a Polluting Firm Has MAC = 500 -E

question 7

Essay

Suppose a polluting firm has MAC = 500 -E.Calculate the firm's level of emissions,abatement and total compliance cost if it faced an effluent fee of $200 per unit of emissions.
The firm will emit where MAC = tax:
500 - E = 200
E = 300
Abatement will equal the unregulated level of emissions minus emissions of 300.Unregulated emissions are found where MAC = 0:
500 - E₀ = 0
E₀ = 500
So abatement equals 200 units.The total compliance cost of the firm will equal the sum of its total abatement cost and the emission taxes it pays.Total abatement cost is the area under the MAC curve from emissions of 300 to emissions of 500:
TAC = ½(200 * 200)= $20,000
Total taxes paid will equal the level of emissions times the tax of $200 per unit of emissions:
Taxes paid = 200 * 300 = $60,000
Total compliance cost of the firm is therefore $80,000.

Examine the portrayal of gender roles and stereotypes in media.

Understand the complexities and challenges of achieving diversity within the media industry.

Analyze the portrayal of unions and working-class imagery in media.

Understand the concept of modern racism and its manifestations in media.

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Definitions:

Stereochemical

Pertains to the spatial arrangement of atoms in molecules and the effect of this arrangement on chemical reactions and properties.

Ozonolysis-Reduction

A two-step chemical reaction that first involves the cleavage of alkenes with ozone to form carbonyl compounds, followed by reduction.

Alkene

Hydrocarbons containing at least one carbon-to-carbon double bond, characterized by the formula CnH2n.

Products

The substances that result from a chemical reaction, situated on the right side of a chemical equation.