Question: please do fast!! i will rate you good for sure!! please send me typed answer!! Problem Il Assume that there two firms, the Marginal Benefit

please do fast!! i will rate you good for sure!! please send me typed answer!!

send me typed answer!! Problem Il Assume that there two firms, the

Problem Il Assume that there two firms, the Marginal Benefit of Pollution per firm is MB=20 -0.5 Q. These two firms are Firm with Low cost (L) of pollution reduction QL and a firm with high cost (H) of pollution reduction QH . Cost (H) = 1.5 Q2 , and Cost (L) = 0.750- a) Compute the marginal cost for each firm b) What is the maximum Quantity of pollution reduction per firm c) Calculate socially optimal quantity of pollution reduction

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Please do fast!! I will rate you good for sure! Please send me typed answer!! An industry has 4 firms each with 10% market shares and 4 firm each with 15% market shares. what is the C4 for this...

Please do fast!! I will rate you good for sure!! Please send me typed answer!! 1. Given a market structure of perfect competition, and P = 2000 Q and Marginal Costs equal to 0, the firm would produce...

Please do fast!! I will rate you good for sure!! Please send me typed answer!! 20% Fill in the blanks. In some of the blanks, circle one of the two words given. (2 point each) increases, marginal...

Please do fast!! I will rate you good for sure!! Please send me typed answer!! Suppose the marginal propensity to save is .3 and the marginal propensity to import is .6. Suppose a firm renovation...

please do fast!? i will rate you good for sure!! please send me typed answer!! Consider a well-functioning market for prosthetic hips. that is characterized by the following demand and supply curves:...

Please do fast!! I will rate you good for sure!! Please send me typed answer!! LG and Hewlett Packard are two firms in the market for computer monitors. Suppose each firm generally announces its...

please do fast!! i will rate you good for sure!! please send me typed answer!!! 1 The U-I Space Say you find a magic lottery ticket, that has a 50% chance of $1 million and a 50% chance of nothing....

Please do fast!! I will rate you good for sure!! Please send me typed answer!! If you were a government official and imposed a price ceiling of .80 per unit what kind of impact what would be a...

Please do fast!! I will rate you good for sure!! Please send me typed answer!! Question 16 Suppose that in a given country, National Saving is higher than National Not yet Investment. Which of the...

Please do fast!! I will rate you good for sure!! Please send me typed answer!!! Describe the nature of trade between two countries in Africa based on intertemporal comparative advantage. Looking at...

Is there a relationship between development of PPP's in the European Union on the one side and kind of sector, institutional level, and legislation on the other side?

Is it ethically defensible to outsource production to a developing nation where labor costs are lower when such a move would involve the dismissal of employees in the organizations home country? Why?...

A stock returned 1 1 percent, 1 6 percent, 7 percent, and 1 3 percent annually for the past 4 years. Based on this information, what is the 9 9 . 7 4 percent probability range for any one given year?...

Three different teams are working on three existing projects. Teams are estimated to fail at 40%, 60% and 80%. In order to minimize the possibility of failure of all three teams, it is aimed to...

Behaviour: What am I doing?

5. Imagine a situation where you were really annoyed by someone elses behaviour. Try to find the positive intention behind the behaviour.

3. Imagine a communication situation at work or at home where you felt that you were locked (inflexible). Reflect on three alternative strategies that could have led to you becoming more flexible,...