Table: Coal Mine Pollution Quantity of Pollution (tons) Marginal Social Benefit Marginal Social Cost 0 $800...
Table: Coal Mine Pollution
|
Quantity of |
Marginal |
Marginal |
|
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 is produced,
the outcome is _____ because _____.
Homework Answers
If 2 tons of pollution is produced, the outcome is inefficient because the marginal social benefit - marginal social cost are not same. In order for efficient, marginal social benefit= marginal social cost
Thus 4 tons of pollution is efficient
Add Answer to:
Table: Coal Mine Pollution
Quantity of
Pollution
(tons)
Marginal
Social
Benefit
Marginal
Social
Cost
0
$800...
Use Table Below: Coal Mine Pollution. The table shows the marginal social benefit and cost of...
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
_____.
$400; $400
$300; $500
$0; $800
$800; $0
Table: Coal Mine Pollution Quantity of Marginal Marginal Pollution Social Social (tons) Benefit Cost $800 $0 700 100 600 200 500 300 400 500 200 600 700 0...
The accopmanying graph depicts the marginal social cost (MSC) and marginal social benefit (MSB) of pollution...
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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
QUESTION 73 he Marginal benefit of Individual polluter 31.000 9004 FirmA 800 700 600 Firm 500...
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Marginal Marginal private cost external cost social cost Marginal Quantity (tons of paper) (dollars) (dollars) (dollars)...
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Figure: City with Two Polluters Marginal benefit to individual producer $1,100 1,000MB 900 800 700 600...
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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...
What is the marginal net benefit associated with producing five units of the control variable, Q...
What is the marginal net benefit associated with producing five
units of the control variable, Q (identify point F in the
table)?
Net Marginal Marginal Marginal Net Total variable | Benefits CostsBenefits Benefit c(Q) Contro.1 Total Cost Benefit B(Q) N(Q) MB(Q) MC (Q) MNB (Q) 800 600 400 200 100 900 800 700 600 500 800 100 300 600 1,000 1,500 2,100 2,800 900 1,700 2,400 200 2 1,800 2,000 2,000 1,800 1,400 800 400 500 600 700 800 900...
Marginal Cost Average Variable Cost Average Total Cost Quantity of Exercise Machines 1 2 3 4...
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The following table shows how the marginal benefit of a service varies for four consumers Marginal...
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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
_____.
$400; $400
$300; $500
$0; $800
$800; $0
Table: Coal Mine Pollution Quantity of Marginal Marginal Pollution Social Social (tons) Benefit Cost $800 $0 700 100 600 200 500 300 400 500 200 600 700 0...
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
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
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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...
What is the marginal net benefit associated with producing five
units of the control variable, Q (identify point F in the
table)?
Net Marginal Marginal Marginal Net Total variable | Benefits CostsBenefits Benefit c(Q) Contro.1 Total Cost Benefit B(Q) N(Q) MB(Q) MC (Q) MNB (Q) 800 600 400 200 100 900 800 700 600 500 800 100 300 600 1,000 1,500 2,100 2,800 900 1,700 2,400 200 2 1,800 2,000 2,000 1,800 1,400 800 400 500 600 700 800 900...
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