Use Table Below: Coal Mine Pollution. The table shows the
marginal social benefit and cost of various amounts of pollution
from a coal mine. If 5 tons of pollution is produced, the marginal
social benefit is _____, and the marginal social cost is
_____.
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Homework Answers
From the given table the equilibrium exist at quantity of pollution is equal to 4 because here marginal social benefit and marginal social cost are equal
if the value of quantity of pollution is 5 tonn then marginal social benefit is 300 and marginal social cost is 500 from the given table
Answer is option B
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Use Table Below: Coal Mine Pollution. The table shows the
marginal social benefit and cost of...
Table: Coal Mine Pollution Quantity of Pollution (tons) Marginal Social Benefit Marginal Social Cost 0 $800...
Table: Coal Mine Pollution Quantity of Pollution (tons) Marginal Social Benefit Marginal Social Cost 0 $800 $0 1 $700 $100 2 $600 $200 3 $500 $300 4 $400 $400 5 $300 $500 6 $200 $600 7 $100 $700 8 $0 $800 Reference: Ref 16-2 Table: Coal Mine Pollution (Table: Coal Mine Pollution) Use Table: Coal Mine Pollution. The table shows the marginal social benefit and cost of various amounts of pollution from a coal mine. If 2 tons of pollution...
The accopmanying graph depicts the marginal social cost (MSC) and marginal social benefit (MSB) of pollution...
The accopmanying graph depicts the marginal social cost (MSC) and marginal social benefit (MSB) of pollution emissions. 1,000 900 Move the point, P, to the point representing the optimal level of pollution. MSC 800 What is the optimal quantity of pollution? 700 Dollars metric tons 400 300 The optimal quantity of pollution is not zero because: 200 MSB O 0 1 2 3 4 5 6 Metric tons of pollution 7 8 9 10 O the marginal social cost of...
QUESTION 51 od Marginal benefit of individual polluter $1,000 900 Firma 800 700 600 Firm 500...
QUESTION 51 od Marginal benefit of individual polluter $1,000 900 Firma 800 700 600 Firm 500 400 300 Firm 200 100 100 200 300 400 500 600 700 800 1.000 Quantity of mercury (tons) The figure above shows three different polluting firms. Let's assume the government imposes a $300 tax on each ton of emission. Based on that, how much pollution will Firm B have? O 200 0 O 500 Oo O 1,000
Marginal benefit Marginal social The table below shows information about the costs and benefits of a...
Marginal benefit Marginal social The table below shows information about the costs and benefits of a steel smelter that pollutes the air of a city. The marginal external cost of this pollution is $10 per ton at every quantity of steel produced. Use this information to answer questions 33-35. Quantity of steel (millions of tons cost (dollars per per week) (dollars per ton) 5 40 20 10 35 25 15 30 30 20 25 35 25 20 40 - ton)...
Table 1 shows the demand schedule for electricity from a coal burning utility. Table 2 shows...
Table 1 shows the demand schedule for electricity from a coal burning utility. Table 2 shows the utility's cost of producing electricity and the external cost of the pollution created. If the government levies a pollution tax such that the utility generates the efficient quantity of electricity, calculate the quantity of electricity generated, the price of electricity, the size of the pollution tax, and the tax revenue. The quantity of electricity generated is nothing kilowatts a day and the price...
QUESTION 73 he Marginal benefit of Individual polluter 31.000 9004 FirmA 800 700 600 Firm 500...
QUESTION 73 he Marginal benefit of Individual polluter 31.000 9004 FirmA 800 700 600 Firm 500 400 300 Firm 200 100 0 100 200 199 400 400 000 00 00 00 000 Quantity of mercury (ons) The figure above shows three different polluting firms. Let's assume the government imposes a $300 tax on each ton of emission. Based on that how much pollution will Firm Chave? O 500 O 1,000 Oo O 200
Q4 (1 point). The figure below shows the marginal social benefit, marginal private cost and marginal...
Q4 (1 point). The figure below shows the marginal social benefit, marginal private cost and marginal social cost of producing steel. If the market is competitive and unregulated, how much steel will be produced? oo tons O 2 tons О 4 tons O 8 tons 250 MSC 6200 S = MC Price and cost (dollars per ton of steel) 150 100 50 o 2 D- MSB 6 8 10 Quantity (tons of steel per week) Activate Windows Go to Settings...
The following table shows how the marginal benefit of a service varies for four consumers Marginal...
The following table shows how the marginal benefit of a service varies for four consumers Marginal Benefit (in Dollars) Consumers Quantity Alice Ben Carolyn Don 1 1,500 1,000 600 400 2 900 800 400 200 3 400 600 200 100 4 100 400 100 50 Suppose the service is a pure public good and is sold in competitive market with the only buyers being the four people whose marginal benefits are shown in the table. If the market price of...
Figure: City with Two Polluters Marginal benefit to individual producer $1,100 1,000MB 900 800 700 600...
Figure: City with Two Polluters Marginal benefit to individual producer $1,100 1,000MB 900 800 700 600 500 MB 400 300 200 100 1,000 1,400 1,800 2,200 Quantity of pollution emissions (tons) 200 600 5. (Figure: City with Two Polluters) Look at the figure City with Two Polluters. If the govermment imposed an emissions tax of $400, firm A would produce produce A) 200; 400 B) 400; 1,200 C) 800; 1,400 D) 1,200; 1,600 , tons of emissions and firm B...
Marginal Marginal private cost external cost social cost Marginal Quantity (tons of paper) (dollars) (dollars) (dollars)...
Marginal Marginal private cost external cost social cost Marginal Quantity (tons of paper) (dollars) (dollars) (dollars) 100 10 5 200 20 10 300 30 15 400 40 20 500 50 25 1) The table above gives the private costs and external costs of producing paper. Complete the table by finding the marginal social cost at each level of production. b. If the market is al competitive and is left unregulated and 400 tons of paper are produced, what is the...
The accopmanying graph depicts the marginal social cost (MSC) and marginal social benefit (MSB) of pollution emissions. 1,000 900 Move the point, P, to the point representing the optimal level of pollution. MSC 800 What is the optimal quantity of pollution? 700 Dollars metric tons 400 300 The optimal quantity of pollution is not zero because: 200 MSB O 0 1 2 3 4 5 6 Metric tons of pollution 7 8 9 10 O the marginal social cost of...
QUESTION 51 od Marginal benefit of individual polluter $1,000 900 Firma 800 700 600 Firm 500 400 300 Firm 200 100 100 200 300 400 500 600 700 800 1.000 Quantity of mercury (tons) The figure above shows three different polluting firms. Let's assume the government imposes a $300 tax on each ton of emission. Based on that, how much pollution will Firm B have? O 200 0 O 500 Oo O 1,000
Marginal benefit Marginal social The table below shows information about the costs and benefits of a steel smelter that pollutes the air of a city. The marginal external cost of this pollution is $10 per ton at every quantity of steel produced. Use this information to answer questions 33-35. Quantity of steel (millions of tons cost (dollars per per week) (dollars per ton) 5 40 20 10 35 25 15 30 30 20 25 35 25 20 40 - ton)...
QUESTION 73 he Marginal benefit of Individual polluter 31.000 9004 FirmA 800 700 600 Firm 500 400 300 Firm 200 100 0 100 200 199 400 400 000 00 00 00 000 Quantity of mercury (ons) The figure above shows three different polluting firms. Let's assume the government imposes a $300 tax on each ton of emission. Based on that how much pollution will Firm Chave? O 500 O 1,000 Oo O 200
Q4 (1 point). The figure below shows the marginal social benefit, marginal private cost and marginal social cost of producing steel. If the market is competitive and unregulated, how much steel will be produced? oo tons O 2 tons О 4 tons O 8 tons 250 MSC 6200 S = MC Price and cost (dollars per ton of steel) 150 100 50 o 2 D- MSB 6 8 10 Quantity (tons of steel per week) Activate Windows Go to Settings...
Figure: City with Two Polluters Marginal benefit to individual producer $1,100 1,000MB 900 800 700 600 500 MB 400 300 200 100 1,000 1,400 1,800 2,200 Quantity of pollution emissions (tons) 200 600 5. (Figure: City with Two Polluters) Look at the figure City with Two Polluters. If the govermment imposed an emissions tax of $400, firm A would produce produce A) 200; 400 B) 400; 1,200 C) 800; 1,400 D) 1,200; 1,600 , tons of emissions and firm B...
Marginal Marginal private cost external cost social cost Marginal Quantity (tons of paper) (dollars) (dollars) (dollars) 100 10 5 200 20 10 300 30 15 400 40 20 500 50 25 1) The table above gives the private costs and external costs of producing paper. Complete the table by finding the marginal social cost at each level of production. b. If the market is al competitive and is left unregulated and 400 tons of paper are produced, what is the...
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