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

question 120

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: $$\begin{array} { l l l l l r } \text { Tons of smoke emitted per day } & 4 & 3 & 2 & 1 & 0 \\\text { Total abatement cost, firm A } & 0 & \$ 14 & \$ 30 & \$ 50 & \$ 75 \\\text { Total abatement cost, firm B } & 0 & \$ 20 & \$ 45 & \$ 80 & \$ 120 \\\text { Total abatement cost, firm C } & 0 & \$ 25 & \$ 60 & \$ 100 & \$ 150\end{array}$$
The least costly way of lowering smoke emissions from 12 tons to 9 tons would be for

• A)each firm to reduce emissions by 1 ton,emitting 3 tons each.
• B)Firm A to emit 1 ton,and the other firms to emit 4 tons each.
• C)Firm A to emit 2 tons,Firm B to emit 4 tons and Firm C to emit 3 tons.
• D)Firm A to emit 0 tons;Firm B to emit 4.5 tons and Firm C to emit 4.5 tons.

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Definitions:

Ontological Argument

An argument (or set of arguments) that tries to prove the existence of God from the very concept of “God.” For example: God, by definition, is that Being with all possible perfection; existence is a perfection; therefore God exists.

Akhnaton

An ancient Egyptian pharaoh of the Eighteenth Dynasty who is noted for attempting to institute a monotheistic worship of the sun disk Aten.

Self-Creating

The concept of something or someone coming into existence or being through its own inherent capabilities, often used in philosophical and metaphysical discussions about the nature of being and creation.

Theodicies

Philosophical attempts to justify the goodness of God in the face of the existence of evil and suffering in the world.