1. What are the obligations of the firm when it comes to the impact of pollution...

1. What are the obligations of the firm when it comes to the impact of pollution and climate change on people and the environment? Is there a different role for the individual within a business? What is the role of the consumer? What is the role of government? Why?

2. Choose an externality that has impacted your life. Explain the situation, identifying relevant agents and discussing the MSB and MSC. Model the scenario in its market outcome. Then, proffer a potential solution that would improve efficiency and be satisfactory to you, describing the policy and modeling it as a “regulated” outcome on your model.

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Rahul Sunny answered 1 year ago

What trends impact restaurants when it comes to world trade and global marketing?

Firm A: initial pollution level = 120, cost to reduce pollution 1 unit = $75 Firm...

Firm A: initial pollution level = 120, cost to reduce pollution 1 unit = $75 Firm B: initial pollution level = 150, cost to reduce pollution 1 unit = $100 a. Assume that the government decides to cut pollution by 1/3, telling firms that “Starting next year, you will only be permitted to emit 2/3 as much pollution as you currently do.” What is the cost for each firm under this policy? b. Suppose instead that the government issued permits...

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Suppose pollution comes from two firms: H and L. The aggregate marginal benefit from pollution to...

Suppose pollution comes from two firms: H and L. The aggregate marginal benefit from pollution to firms is described by MB=16-(2/3) y, where y is total pollution. The two firms’ marginal benefit from pollution is described by the following functions: MBH = 24-2y H MBL = 12-y L where y H and y L represent the level of pollution for firm H and firm L; that is, y= y H +y L . The government study has concluded that...

Suppose pollution comes from two firms: H and L. The aggregate marginal benefit from pollution to...

Suppose pollution comes from two firms: H and L. The aggregate marginal benefit from pollution to firms is described by MB=16-(2/3) y, where y is total pollution. The two firms’ marginal benefit from pollution is described by the following functions: MBH = 24-2y H MBL = 12-y L where y H and y L represent the level of pollution for firm H and firm L; that is, y= y H +y L . The government study has concluded that...

What determines the obligations owed to a hotel when a person or organization with a hotel...

What determines the obligations owed to a hotel when a person or organization with a hotel reservation cancels the reservation? Draft a 250 - 300 word discussion explaining the your answer in detail.

1.what are the 5 main causes of pollution? 2. what are 5 consequences of pollution to...

1.what are the 5 main causes of pollution? 2. what are 5 consequences of pollution to the environment and people? 3. What are 5 Solutions to solve pollution problem? 4. what are 5 preventions for prevent pollution?

If a firm that emits a form of pollution is also a monopolist, is the firm...

If a firm that emits a form of pollution is also a monopolist, is the firm more likely to be allocatively efficient? Explain.

Disparate treatment and disparate impact are two distinctly different things when it comes to discrimination. Discuss...

Disparate treatment and disparate impact are two distinctly different things when it comes to discrimination. Discuss the most important distinctions between Disparate Treatment Theory and Disparate Impact Theory. Which type of discrimination causes more harm between the two in your view?

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1. What are the obligations of the firm when it comes to the impact of pollution...

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