This topic contains a solution. Click here to go to the answer

Author Question: A polluted river has 20 homes on it that rent for 1,000 each per month. Homes on a similar river ... (Read 192 times)

Sufayan.ah

  • Hero Member
  • *****
  • Posts: 512
A polluted river has 20 homes on it that rent for 1,000 each per month. Homes on a similar river that is not polluted rent for 2,000 each per month.
 
  The river is polluted because there are two factories on the river that dump polluted water in the river. Each factory could install a filter that would cost 5,000 each and would reduce the pollution in the water to a negligible level. The external cost in this problem is A) 20,000.
  B) 5,000.
  C) 10,000.
  D) 30,000.

Question 2

In the figure above, Nike's economic profit is ________.
 
  A) 3,000
  B) 1,800
  C) 9,000
  D) zero



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ebonylittles

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

A

Answer to Question 2

A




Sufayan.ah

  • Member
  • Posts: 512
Reply 2 on: Jun 29, 2018
Excellent


kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

For a complete list of videos, visit our video library