Firm a Finds It Very Expensive to Reduce Its Sulfur

question 138

Multiple Choice

Firm A finds it very expensive to reduce its sulfur dioxide emissions,while Firm B finds it very cheap to reduce its sulfur dioxide emissions.If a program of tradable pollution permits was enacted,we would most likely see

• A)Both firms decrease their sulfur dioxide emissions by the same amount.
• B)Both firms increase their sulfur dioxide emissions by the same amount.
• C)Firm A reduce its emissions by more than Firm B.
• D)Firm B sell its permit to pollute to firm A.

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Definitions:

Integer Variable

An integer variable is a type of variable used in programming to store whole numbers.

Valid

Often refers to data or inputs that conform to specified format, rules, or ranges defined within a program or system.

Declarations

Statements in programming that specify the type and sometimes the initial value of variables, functions, and other entities.

Function Declaration

The part of a program that specifies the name, return type, and parameters of a function without defining what it does.