Refer to the information in Figure 16.5 below to answer the ...

[rosent76]

Refer to the information in Figure 16.5 below to answer the question(s) that follow.







Figure 16.5 shows the marginal benefits of emitting pollution for the only two chemical companies in an industry, Alpha Chemicals and Beta Chemicals. Before any tax on pollution emissions is imposed, each company views pollution as being free.


Refer to Figure 16.5. The government decides to impose a tax on pollution emissions to cut total emissions in this industry in half, and based on this decision it has set the tax at $100 per ton of emissions. Following the implementation of this tax, the total amount of pollution emitted in this industry will be ________ tons.

◦ 25
◦ 50
◦ 75
◦ 100

[BAOCHAU2803]

100

[rosent76]

Thanks

[BAOCHAU2803]

Welcome

[folubunmi]

Refer to the information in Figure 16.5 below to answer the question(s) that follow.







Figure 16.5 shows the marginal benefits of emitting pollution for the only two chemical companies in an industry, Alpha Chemicals and Beta Chemicals. Before any tax on pollution emissions is imposed, each company views pollution as being free.


Refer to Figure 16.5. The government decides to impose a tax on pollution emissions to cut total emissions in this industry in half, and based on this decision it has set the tax at $100 per ton of emissions. Following the implementation of this tax, the total amount of tax revenue collected by the government from this tax will be

◦ $5,000.
◦ $7,500.
◦ $10,000.
◦ $20,000.

[ultraflyy23]

$10,000.

[chads108]

Refer to the information in Figure 16.5 below to answer the question(s) that follow.







Figure 16.5 shows the marginal benefits of emitting pollution for the only two chemical companies in an industry, Alpha Chemicals and Beta Chemicals. Before any tax on pollution emissions is imposed, each company views pollution as being free.


Refer to Figure 16.5. Suppose that instead of a tax, the government uses standards to achieve the emission reductions, requiring that each company cut its original emissions in half rather than allowing each company to choose emissions based on their costs. Compared to the situation under the tax, Alpha would ________ and Beta would ________.

◦ be able to increase emissions; have to further reduce emissions
◦ be able to increase emissions; be able to increase emissions
◦ have to further reduce emissions; have to further reduce emissions
◦ have to further reduce emissions; be able to increase emissions

[ju]

be able to increase emissions; have to further reduce emissions

[chads108]

TY

[ju]

You're welcome