Examlex

Solved

Two Firms Can Choose from Five Different Technologies to Reduce

question 118

Multiple Choice

Two firms can choose from five different technologies to reduce their pollution: A,B,C,D and E.The amount of pollution emitted by each technology and the cost of the technologies are shown in the table.Both firms have adopted technology A and currently emit 4 tons apiece.The government is considering two plans to reduce pollution: a 50% reduction by both firms or selling pollution permits.One permit entitles the owner to emit one ton of pollution.Without a permit,no pollution can be emitted.
 A:  B:  C:  D:  E: 4 tons 3 tons 2 tons 1 ton  no pollution  Industrio $350$400$500$700$1000 Capitalista $225$250$290$400$600\begin{array}{lccccc} & \text { A: } & \text { B: } & \text { C: } & \text { D: } & \text { E: } \\& 4 \text { tons } & 3 \text { tons } & 2 \text { tons } & 1 \text { ton } & \text { no pollution } \\\text { Industrio } & \$ 350 & \$ 400 & \$ 500 & \$ 700 & \$ 1000 \\\text { Capitalista } & \$ 225 & \$ 250 & \$ 290 & \$ 400 & \$ 600\end{array}
A government regulation that requires both firms to reduce pollution by 50% results in process ___________ being adopted and the private costs are __________.

Know the medications primarily aimed at enhancing the effectiveness of GABA.
Understand the concept of brain circuits and their relationship with anxiety disorders.
Differentiate between phobias and common fears and their impacts on individuals' lives.
Understand the concept of profit maximization in a perfectly competitive market.

Definitions:

Individual Or Organization

Either a single person or a group of people structured collectively, often for a specific purpose or function, such as a company or charity.

Website Creation Tools

Software or online platforms that facilitate the design, development, and deployment of websites, often with user-friendly interfaces.

Storage Device

Equipment that records (writes) and retrieves (reads) digital data from a form of storage medium, such as a hard disk or SSD.

Cloud Computing

A technology enabling access to computing resources, such as servers, storage, and applications, over the internet on a pay-for-use basis.

Related Questions