Suppose the government wants to reduce the total pollution emitted by three local firms. Currently, each firm is creating 4 units of pollution in the area, for a total of 12 pollution units. If the government wants to reduce total pollution in the area to 6 units, it can choose between the following two methods:

Answers

Answer 1

Answer:

178 and 186

Regulation= 1,645

Tradable permits= 745

Elimination of pollution will be LESS costly

Explanation:

Calculation to Determine the total cost of eliminating six units of pollution using both methods

Computation for Method 1

REGULATION

Firm X = 95+120 = 215

Firm Y= 450+800 = 1,250

Firm Z= 80+100 = 180

Computation for Method 2

TRADABLE PERMITS

The prices at which firm Z willing to sell one of its permits to firm Y, but firm X is not will be :

178 and 186

Firm Initial permit Action Final Amount Cost of reduction

X 2 Sell 1 permit 3 95+120+200 = 415

Y 2 Buy 2 permit 0 0

Z 2 Sell 1 permit 3 80+100+150 = 330

REGULATION vs TRADABLE PERMITS

Regulation= 215+1250+180

Regulation= 1,645

Tradable permits = 415+330

Tradable permits= 745

Based on the above calculation for both regulation and tradable permits we can come to conclusion that elimination of pollution will be LESS costly to the society in a situation where the government distributes tradable permits because tradable permits is cheaper than regulation.

Answer 2

Emissions trading is a market-based strategy to pollution control that creates financial incentives for polluters to reduce their emissions.

178 and 186

Regulation= 1,645

Tradable permits= 745

Elimination of pollution will be LESS costly

Calculation to Determine the total cost of eliminating six units of pollution using both methods:-

Computation for Method 1

REGULATION:-

Firm X = 95+120 = 215

Firm Y= 450+800 = 1,250

Firm Z= 80+100 = 180

Computation for Method 2

TRADABLE PERMITS:-

The prices at which firm Z willing to sell one of its permits to firm Y, but firm X is not will be :

178 and 186

Firm Initial permit Action Final Amount Cost of reduction

X 2 Sell 1 permit 3 95+120+200 = 415

Y 2 Buy 2 permit 0 0

Z 2 Sell 1 permit 3 80+100+150 = 330

REGULATION vs TRADABLE PERMITS

Regulation= 215+1250+180

Regulation= 1,645

Tradable permits = 415+330

Tradable permits= 745

Based on the above calculation for both regulation and tradable permits we can come to conclusion that elimination of pollution will be LESS costly to the society in a situation where the government distributes tradable permits because tradable permits is cheaper than regulation.

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Related Questions

You observe two locations, both restaurants you own. Location A has 450 passersby between 11:00 a.m. & 2:00 p.m. and 9.1% enter your restaurant as customers. Location B has 600 passersby between 11:00 a.m. and 2:00 p.m. and 6.5% enter. Which location has the higher number entering your restaurant?

Answers

9.1% of 450 is 40.95, 6.5% of 600 is 39. Therefore, Location A has the higher number entering your restaurant.

Mr. Alex is the marketing manager of the company and he wants to implement a new way to promote the products in the market but his senior manager did not permit him and forced him to work strictly in accordance with the plan. Which limitation of planning is highlighted in this case

Answers

Answer: Planning reduces creativity

Explanation:

Under Planning reduces creativity, all team menbers are instructed or directed to work within the frame given by the management to them, working outside the frame of what was issued would go against the directives of the organization. This type of limitation of planning limits creativity, because members won't be able to introduce ideas to advance the growth of the team.

A trait is quality of your own character. True or false

Answers

True. Traits are similar to characteristics of a character

Answer:

True

Explanation:

A trait defines who you are

PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE


Sarah, realizes she has a passion for finance. She specifically would like to study how personal behavior impacts our finances and the entire society. What career choice would BEST fit Sarah’s desire to study financial decisions and how we make them?




economist




math teacher




stock broker

Answers

It would be an economist. Economists conducts research, collect and analyze data, and monitor economic trends. Therefore they technically study how personal behavior impacts our finances and the entire society.

Answer:

economist

Explanation:

Differentiate organizing from organization

Answers

Explanation:

Organizing comes from the word organize which means to arrange for something to happen or to be provided

Organization is a group of people who form a business together in order to achieve a particular aim or goal

In a set of 100 ACT scores that are normally distributed and with a mean of 23 and standard deviation of 4.69, a. How many scores are expected to be lower than 18.31 (one standard deviation below the mean)? B. How many of the 100 scores are expected to be below 32.38 (two standard deviations above the mean)?

Answers

Answer:

A) 16 scores

B) 98 scores

Explanation:

if we look at a normal distribution table, 50% + 34.13% of all scores will be greater than 18.31 (one standard deviation)

this means that 84.13% or 84 scores will be higher than 18.31, so 100 - 84 = 16 scores will be lower than 18.31

we follow a similar procedure for 2 standard deviations, where 50% + 47.72% of the scores will be lower than 32.38 (the other side of the bell curve)

this means that 97.72% or 98 scores will be lower than 32.38

One of the FBLA-PBL's goals is creating more interest in and understanding of
American business______
A. services
B. products
C. enterprise
D. mentorships

Answers

Answer:

C. enterprise

Explanation:

It says on its website where you click on their about page and scroll down to their goals.

Answer:

enterprise

Explanation:

FBLA-PBL is a non-profit organizations that was created to provide help for students who wanted to transition from their school life to the business world.

FBLA focused their operation to help students middle school-high school while PBL focused their operation to help students in College.

This organization taught the students with a couple of knowledge from Industry's expert about how to run and operate a businesses. They teach the students about things such as:

- a list of knowledge or expertise that will be seen as a valuable skill in a certain industry,

-  what to expect when they're interacting with their customers and employers,

- how to deal with investors,

-  etc.

Which of the following statements is a strong reason for giving credit to sources of data in a formal business doccument

Answers

Answer:

It shows you have done solid research to back up your conclusions.

Multiple choice options for this question are as follows:  online source

A). It shows you have done solid research to back up your conclusions.

B). Readers of a business document do not pay attention to sources

C). Giving credit is easier than treating others' ideas as your own

D). It is a requirement of MLA and APA styles

Explanation:

Giving credit to your sources is a phrase that refers to Referencing or citing the source of your information. It is important to the reader or user of the document because they can always go back and verify the data's accuracy. Referencing also leaves a trail that can be used to see the views and opinions of other business people or researchers .

Giving credit to your sources in a formal business document shows you took the time to research the subject matter. It gives the impression that you can relate your ideas to the views of other professionals in the industry.

Answer:

A). It shows you have done solid research to back up your conclusions

Explanation:

The following table shows a person's nominal and real wages for three years, as well as the price level (price index) for each year, using the first year as the base year. Fill in the blanks in the table, and then calculate the annual inflation rate for each year (not including the base year).



Instructions: Round your answers to 2 decimal places.

Answers

Answer:

Year  Nominal wage  Real wage  Price level  Inflation rate

1                  $7                  $5                140             Nil

2                 $9                  $6                150               7.14 %

3                 $12                 $7.5             160              6.67 %

Explanation:

Note: The table for the question is attached as picture

Price level in Year 1 = (Nominal wage in year 1/Real wage in year 1) * 100  

Price level in Year 1 = ($7.00 / $5.00) * 100

Price level in Year 1 = 1.4 * 100

Price level in Year 1 = 140

Real wage in Year 2 = (Nominal wage in year 2 / Price level in year 2) * 100.

Real wage in Year 2 = ($9.00 / 150.00) * 100

Real wage in Year 2 = $6

Nominal wage in Year 3 = (Real wage in Year 3 * Price level in Year 3) / 100.

Nominal wage in Year 3 = ($7.50 * 160) / 100

Nominal wage in Year 3 = $1,200 / 100

Nominal wage in Year 3 = $12

Inflation rate in Year 2 = (Price level in Year 2 - Price level in Year 1) / Price level in Year 1.

Inflation rate in Year 2 = (150 - 140) / 140

Inflation rate in Year 2 = 10 / 140

Inflation rate in Year 2 = 0.0714

Inflation rate in Year 2 = 7.14 %

Inflation rate in Year 3 = (Price level in Year 3 - Price level in Year 2) / Price level in Year 2.

Inflation rate in Year 3 = (160 - 150) / 150

Inflation rate in Year 3 = 10 / 150

Inflation rate in Year 3 = 0.0667

Inflation rate in Year 3 = 6.67%.

Price level in year 1 , Real wages in year 2 , Inflation rate in year 2 and Nominal wages in year 3 are 180, 8, 11.11% and 18 respectively.

Inflation based problem:

Missing information is given in the picture below.

Computation:

Price level in year 1 = [NW / RW]100

Price level in year 1 = [9 / 5]100

Price level in year 1 = 180

Real wages in year 2 = NW[100 / Price level in year 2]

Real wages in year 2 = 16[100 / 200]

Real wages in year 2 = 8

Inflation rate in year 2 = [tex]\frac{Price\ level \ in \ year 2 - Price\ level \ in \ year 1}{Price\ level \ in \ year 1} \times 100[/tex]

Inflation rate in year 2 = [tex]\frac{200-180}{180} \times100[/tex]

Inflation rate in year 2 = 11.11%

Nominal wages in year 3 = [tex]\frac{Real \ wages \times price \ level \ in \ year 3}{100}[/tex]

Nominal wages in year 3 = [tex]\frac{7.50 \times240}{100}[/tex]

Nominal wages in year 3 = 18

Find out more information about 'Nominal wages'.

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hey this is for thebeauty4evr19 so don't take it or im reporting u

Answers

Answer:

ty

Explanation:

What are some typical roles filled by the construction manager? (Select all that apply.)

responding to emergencies
designing exterior spaces
preparing budgets
conducting structural calculations
establishing a project timetable

Answers

Answer:

Construction managers typically do the following:

1. Prepare cost estimates, budgets, and work timetables.

2. Interpret and explain contracts and technical information to other   professionals.

3. Report work progress and budget matters to clients.

4. Collaborate with architects, engineers, and other construction specialists.

Explanation:

The answer is responding to emergencies and conducting structural calculations and establishing a project timetable.

which of the following factors are likely to strengthen a diverse family?
1. Family using their gadgets during breakfast
2. Family playing in the park
3. Mother busy on her laptop ignoring her daughter
4. Farther explaining family traditions to son

Answers

Family playing in the park :)

Answer:

Explanation:

For all Plato users

write any five points to be considered while selecting an occupation​

Answers

Answer:

Here are the top five things that you should consider when choosing a new education or career path.

Your Happiness. It may sound cliché, but the number one thing that you should consider when choosing a career is your happiness. ...Marketability. ...Social Environment. ...Your Work Style. ...Your Priorities.

Five points that one should considering in selecting an occupation are Personal Interests, Strengths, Required Education and Training, Career Marketability, and Personal Values.

One's Personal Interests must be considered as the foremost factor when choosing an occupation.  This simply means that the occupation or career should align with the person's interests.  For example, if you are interested in caring for others, you can consider a career in nursing.

Strengths: These include the person's natural talents, acquired skills, and developed abilities.  Aligning an occupation with your natural strengths make way for career success and happiness.

Every occupation requires some level of education or training to carry out the job according to specified performance criteria.  The person choosing an occupation should discover the educational or training requirements before engaging in it.

Other factors to consider are personal value system and the marketability of the chosen occupation.  If your choice of occupation is not required in the market, it does not create any value for the person.  Alignment of personal value to one's occupation is also important.  For example, if you do not support abortion, it will be wrong working in Planned Parenthood International.

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Lynwood Bauer was paid $7.25 an hour for his first 2 months of work at his after-school job. He earned $7.45 an hour in the next month and $7.25 in the next four months. What is his average hourly pay rate for the months he worked at his part time job, to the nearest cent /

Answers

Answer:

$7.56

Explanation:

The computation of the average hourly pay rate is shown below:

= (Total wages for all seventh month) ÷ (number of months)

= ($7.25 × 2 + $7.45 + $7.25 × 4) ÷ (7 months)

= $7.56

Hence, the average hourly pay rate for the month is $7.56 and the same is to be considered

We simply applied the above formula

Five data entry operators work at the data processing department of the Birmingham Bank. Each day for 30​ days, the number of defective records in a sample of 200 records typed by these operators has been​ noted, as​ follows:                                                                                                                       Sample No. No. Defectives Sample No. No. Defectives Sample No. No. Defectives 1 7 11 6 21 18 2 6 12 6 22 12 3 20 13 15 23 6 4 10 14 3 24 6 5 10 15 11 25 14 6 8 16 7 26 9 7 12 17 13 27 14 8 10 18 5 28 6 9 5 19 17 29 11 10 14 20 16 30 4 ​a) Establish 3sigma upper and lower control limits. UCL Subscript p ​=

Answers

Answer:

UCL =  22.336

LCL=  -2.936

Explanation:

Sple No. No. Defectives Sple No. No. Defectives Sple No. No. Defectives

1             7                               11                   6                    21 1             8

2             6                             12                   6                     22           12

3             20                           13                      15                    23          6

4               10                           14                        3                    24        6

5               10                            15                         11               25          14

6              8                              16                    7                     26           9

7             12                               17                     13                  27          14

8                10                                18                  5                     28       6

9                  5                             19                       17                  29       11

10                14                             20                     16                30          4

               

UCL= X~+ 3σ

LCL= X~- 3σ

Using calculator we get

X`= ∑x/n=7 + 6 +18+ 6 + 6  +12 + 20+  15 + 6 + 10 + 3+  6 + 10 + 11+  14+  8+  7+ 9+  12 + 13+  14 + 10 + 5 + 6 + 5 + 17 +11+  14+  16+  4/30 ​=  9.7        

σ= 4.212

UCL = 9.7 + 3(4.212) = 22.336

LCL= 9.7 - 3(4.212) = -2.936



The purpose of an electric spreadsheet is to and data in an concise manner

Answers

Answer:

A spreadsheet is a computer application for organization, analysis and storage of data in tabular form. Spreadsheets were developed as computerized analogs of paper accounting worksheets. The program operates on data entered in cells of a table.

next, state the topic you selected, why you selected it, and how you narrowed the topic to a specific issue after conducting research

Answers

Hey guys, there were too many words to fit in here but I provided a link to the answers :).

Hello!!

I recently completed this activity and was asking the same question!

I got help from the another brainly user ( rcurrin2005 )that answered this question (thank you so much, btw!!) and created a PDF with his answers and I thought I would too!

Now remember, do not plagiarise! I hope it helps! Have a great day and good luck!

If a person wants to work from home in the Business, Management and Administrative careers, what is required?
a cubicle to keep the person on task
a private office to protect confidential information
proper technology to keep the person connected
proper travel arrangements to meet with customers

Answers

Answer:

proper technology to keep the person connected

Answer:

proper technology to keep the person connected

Explanation:

A person in the  Business, Management, and Administrative career have a desk and computer in the office. For them to work efficiently, they will need to have a similar setting at home. In the office, they are most likely connected to the company's private network via the intranet.

To work from home efficiently, the person will need a strong and reliable technology to stay in touch with the official business. He or she will require access to the office files and programs while at home. Technology will be required to facilitate the seamless flow of information between him, his colleagues, and supervisors.

PLEASE HELP I'VE BEEN TRYING TO FIGURE THIS OUT FOREVER Select the correct answer. According to TARP, on average, what percentage of unhappy customers leave without complaining?
A. 10 percent
B. 25 percent
c. 95 percent
d.50 percent​

Answers

The answer is 95%.

The percentage is 95%, it is actually 96% but 95 is the closest answer.

Answer:

c.) 95 percent

Explanation:

took on edmentum is correct

Describe two things you can do to make sure you are using another person's work fairly.

Answers

Answer:

cite the source and describe how you obtained it

Did Sue draw this circle​ change into passive voice

Answers

Answer:

Was this circle drawn by Sue?

Explanation:

Identify a circumstance outside the economy that can cause unemployment.

A. The United States hosts the Olympic Games

B. A hurricane damages the Gulf Coast

O

C. A new museum opens in the city of Dallas

O

D. The northeast experiences a summer heat wave

Answers

Answer:

B. A hurricane damages the Gulf Coast

Explanation:

If a hurricane occurs, it would destroy businesses and this can cause unemployment.

If the United States hosts the Olympic Games  and if a new museum opens in the city of Dallas, employment would increase

Which type of product advertisement can be used to sell a company’s product when two or more other companies are selling the same product?

Answers

Answer:competitive advertising

Explanation:

I’m not for sure but I think that might be the answer

Answer: competitive advertising

Explanation:

if on online course it is what was right

After settling a legal dispute, Frank must chose one of two settlement
payment options. He can either receive an immediate lump sum payment of
$250,000, or he can receive an installment payment package with annual
payments of $25,500 spread out over a span of 10 years. Which would likely
be more beneficial to him, and why?
A. The installment package would be better because it would prevent
him from spending all of his money immediately.
B. The immediate payment would be better because it is more
money overall.
C. The immediate payment would be better because he could use the
money immediately to invest it in a safe, low return account.
D. The installment package would be better because he'll have more
money in 10 years than with the lump sum.

Answers

After settling a legal dispute, Frank must choose The immediate payment of $250,000, because it would be better as he could use the money immediately to invest it in a safe, low-return account. Therefore, option C is the correct option.

What is investing?

Investing or investment is a financial term. It is both a tool and a source to generate wealth and income. Investment means putting the money in respect of an object, as the value of the objects differs with time so the value of the money will also differ accordingly. This fact about investment makes it both, risky and profit-making at the same time.

Thus, after a legal dispute is resolved, Frank must select the $250,000 immediate payment because it would be preferable because he could use the money right away to invest it in a secure, low-return account. As a result, choice C is the best one.

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What happens when sellers compete with other sellers to meet consumer's demands, and consumers compete with other consumers to find the goods with the lowest cost and the highest quality? Multiple select question. Markets are efficient. Markets are competitive. Markets are regulated.

Answers

Answer:

Markets are competitive.

Explanation:

In the competitive market, the number of sellers competed with each other in terms of prices, quality, maximize the market share.

In the given situation, various sellers are competed with each other for meeting out the consumer demands also at the same time it offers the goods at lowest cost and highest quality so that it capture the whole market

Therefore the second option is correct

Waterway Industries has a material price standard of $2.00 per pound. 6600 pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 6600 pounds, although the standard quantity allowed for the output was 5200 pounds.

Answers

Answer:

The appropriate solution will be "$1320".

Explanation:

The given values are:

Material's actual quantity

= $6600

Standard price

= $2.00

Actual price

= $2.20

Now,

The material price variance will be:

= Actual quantity (Standard price - Actual price)

On substituting the values, we get

= [tex]6600(2.00-2.20)[/tex]

= [tex]6600\times (-0.20)[/tex]  

= [tex]1320[/tex] ($)

Money market is essentially a market for short term funds. Discuss

Answers

Answer:

ok so a money market is like say you want to start a business, you have to invest in your business to start getting money back  

Explanation:

so say Sarah wanted to start a bracelet business she has to buy the things for it and buy flyers and things to start earning customers to get money back :)

hope this helps I'm only in 10th grade so this was hard to explain

Sports and entertainment products are non-perishable.

Answers

No that is false. Because sports and entertainment usually are short lived while they are being performed they are considered perishable.

Your company has sent you an email telling you your department must increase the daily output goal of 120 widgets per hour, to 126 widgets per hour. Everyone on your team recognizes more efficient production will lead to more profit for the company, and a higher chance for a raise for each of them. As usual, you will hold a brief meeting explaining the new directive and provide the deadline as to when this new daily production goal must be met with regularity. The meeting ends after a couple of clarifying questions and answers, and you and your employees get back to work on meeting the deadline for the new goal. What management theory best describes the management style of this company? What leadership style will you employ to get the required increase in production of widgets your company requested? Why is this leadership style the best fit for this scenario?

Answers

Answer:

Participative Leadership style.

Explanation:

Participative leadership, also known as democratic leadership, is one in which the leader has the central focus of employee engagement and participation in important company decisions. In this style of leadership, the manager has a crucial role of being the main motivator and advisor of the team, being solicitous to guide, coordinate and assist his subordinates in all their work demands, so that the goals and organizational goals are achieved.

This style of participatory leadership would be more appropriate for this scenario as there are deadlines for completing tasks, which requires a motivated and productive team, which is essential in participatory leadership.

The motivation of employees is achieved due to clear and guiding communication from the leader, which creates the perception of inclusion and appreciation of the employee, who feels an essential and important part of the organization.

_____ was withheld specifically for the tax that is used to pay for a healthcare program.
_____ was withheld for the payroll tax that specifically supports retired and disabled citizens.
_____ If this individual made more money, the amount withheld for Social Security would

Answers

Answer: First : 612.65$

second :   2567.45$

Third : Increase

Explanation: i did this by self its surity

Answer:

Answers

First Sentence: $612.65

Second Sentence: $2567.45

Third Sentence: Increase

Explanation:

Edgen 2020

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