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 27 times)

Dannyrod2

  • Full Member
  • ***
  • Posts: 160
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

Why would it not be optimal for this farmer to abate four units of pollution?
◦ because it is not productively efficient
◦ because the total net benefit of abating the 4th unit is greater than the total cost
◦ because abating the 4th unit adds more to social costs than to social benefits
◦ because the total cost of abating 4 units is greater than the total benefits
◦ because the farmer has no way to charge a price for the units of pollution abated
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 Dannyrod2 on Oct 12, 2022

Mynameisrandom

  • Full Member
  • ***
  • Posts: 178
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


Dannyrod2

  • Member
  • Posts: 160
Reply 2 on: Oct 12, 2022
:D TYSM

ricroger

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

NaCl crystals dissolving in water NaCl crystals dissolving in water
White tiger in water at the Singapore Zoo White tiger in water at the Singapore Zoo
Water chain in cytochrome f Water chain in cytochrome f
DNA binding faces of l Cro, cI repressor, and CRP, showing the helix–turn–helix motif DNA binding faces of l Cro, cI repressor, and CRP, showing the helix–turn–helix motif
The Best Way to Meet Your Daily Water Needs The Best Way to Meet Your Daily Water Needs
Nearly all the food that you consume originates on a farm Nearly all the food that you consume originates on a farm
Video: Contraction and Relaxation Animation

For a complete list of videos, visit our video library