Question: 28) please help. this is everything. nothing is missing. 28 Suppose Erie Textiles can dispose of its waste for free by dumping it into a
28) please help. this is everything. nothing is missing.

28 Suppose Erie Textiles can dispose of its waste "for free" by dumping it into a nearby river. While the firm benefits from dumping waste into the river, the waste reduces the fish and bird reproduction. This causes damage to local fishermen and bird watchers. At a cost, Erie Textiles can filter out the toxins, in which case local fishermen and bird watchers will not suffer any damage. The relevant gains (in thousands of dollars) and losses for the three parties are listed below. With Filter Without 0.5 points Gains to Erie $200 $400 Fishermen $180 $50 Bird Watchers $130 $25 eBook Refer to the information given above. The daily cost (in thousands of dollars) of the filter to Erie Textiles is and the daily net benefit (in thousands of dollars) of the filter to the fishermen and bird watchers is References Multiple Choice O $400; $310 $310; $200 O $200; $75 O $200; $235
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
