The cost of controlling emissions at a firm rises rapidly as theamount of emissions reduced increases. Here
Fantastic news! We've Found the answer you've been seeking!
Question:
The cost of controlling emissions at a firm rises rapidly as theamount of emissions reduced increases. Here is a possiblemodel:
C(q)= 1,400 + 190q2
where q is the reduction in emissions (inpounds of pollutant per day) and C is the dailycost to the firm (in dollars) of this reduction. What level ofreduction corresponds to the lowest average cost per pound ofpollutant? (Round your answer to two decimal places.)
a) ____________ pounds of pollutant per day
What would be the resulting average cost to the nearestdollar?
b)____________ per pound
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: