Cost of meeting 2021 vehicle emission standards Carbon dioxide emissions from cars must be cut from...
Cost of meeting 2021 vehicle emission standards
Carbon dioxide emissions from cars must be cut from 130 grams to 95 grams per kilometer. To meet this new standard, the price of a car will rise by $1,350.
Calculate the opportunity cost of reducing the carbon emission level by 1 gram.
The opportunity cost of reducing the emission level by 1 gram is ______.
A.
$38.57 of other goods and services
B.
$1,350 of other goods and services
C.
$14.21 of other goods and services
D.
35 grams
E.
$38.57 of other goods and services and 35 grams
Homework Answers
1350 /95 = 14.21
the cost of decreases in the emission level by 1 gram is $14.21. the answer is "C".
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Cost of meeting 2021 vehicle emission
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