This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose a farm that is polluting an underground water supply faces the following marginal costs for ... (Read 75 times)

eboni

  • Full Member
  • ***
  • Posts: 135
on: Oct 12, 2022
Suppose a farm that is polluting an underground water supply faces the following marginal costs for abating units of pollution:
1st unit abated, MC = $250
2nd unit abated, MC = $400
3rd unit abated, MC = $650
4th unit abated, MC = $950

The marginal benefit to society from this farm abating units of pollution are as follows:
1st unit abated, MB = $1000
2nd unit abated, MB = $800
3rd unit abated, MB = $650
4th unit abated, MB = $300

What is the socially optimal amount of pollution abatement for this farm?
◦ 0 units
◦ 1 units
◦ 2 units
◦ 3 units
◦ 4 units
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by eboni on Oct 12, 2022

ludadtpb

  • Full Member
  • ***
  • Posts: 175
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly


eboni

  • Member
  • Posts: 135
Reply 2 on: Oct 12, 2022
Excellent

aruss1303

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Water-soluble organic molecules. Water-soluble organic molecules.
How many faces do you see How many faces do you see
Percentages of adolescents indicating Benefits and Costs of employment. Percentages of adolescents indicating Benefits and Costs of employment.
Faces in experiment Faces in experiment
Should We Prolong Life at all Costs? Should We Prolong Life at all Costs?
A single overhead camshaft engine with a timing belt that also rotates the water pump. A single overhead camshaft engine with a timing belt that also rotates the water pump.
Video: Methods of carbon dioxide transport - carbaminohemoglobin and bicarbonate ions

For a complete list of videos, visit our video library