Suppose That There Are Three Power-Generating Plants,all of Which Generate

question 10

Multiple Choice

Suppose that there are three power-generating plants,all of which generate emissions.The table summarizes the cost of emission reduction for each firm given five different levels of pollution: $$\begin{array} { l l l l l r } \text { Tons of smoke emitted per day } & 4 & 3 & 2 & 1 & 0 \\\text { Total abatement cost, firm A } & 0 & \$ 14 & \$ 30 & \$ 50 & \$ 75 \\\text { Total abatement cost, firm B } & 0 & \$ 20 & \$ 45 & \$ 80 & \$ 120 \\\text { Total abatement cost, firm C } & 0 & \$ 25 & \$ 60 & \$ 100 & \$ 150\end{array}$$
Suppose that the government imposes a tax of $21 per ton of pollution generated.Firm A will emit ____ tons;Firm B will emit ___ tons and Firm C will emit ___ tons.

• A)0;2;3
• B)1;3;4
• C)3;4;4
• D)1;2;4

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Definitions:

Wild Species

Wild Species are plants, animals, fungi, and microorganisms that exist in their natural habitats without human cultivation or domestication.

Illegally Hunt

The act of hunting animals in violation of local, national, or international laws.

Smuggle

The act of illegally transporting goods or persons across borders, typically to circumvent taxation or importation/exportation restrictions.

Wild Animals

Animals living in their natural habitat, free from direct human control or domestication, exhibiting natural behaviors and life cycles.