Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Company x has the following Marginal Abatement Cost schedule = 100 - 2Ex, while company y has the Marginal Abatement Cost schedule = 50 -
Company x has the following Marginal Abatement Cost schedule = 100 - 2Ex, while company y has the Marginal Abatement Cost schedule = 50 - Ey. If the government places a fee of $20, what is firm x's total tax paid if it decides not to reduce its emissions? a) 160 b) 200 Oc) none of these answers d) 100 e) 1000 If firm X faces the following Marginal Abatement Costs = 150 - 4Ex, where Ex is the emissions of firm X. What level of emissions reduction will firm A conduct if the government does not impose a no fee? a) 150 b) 4 c) o d) 37.5 e) not enough information. Question 12 (1 point) Listen The local government wants to put on a fireworks show. There are two people, x and y. The Marginal Benefit curve for x is MBx = 10 - 4F and for y is MBy = 20 - F, where F is the number of fireworks. The Marginal Cost of Public Funds (MCF) is equal to $1.5 and the Marginal Revenue if they use distortionary taxes is $2. The Marginal Cost of each firework is $10. If a distortionary taxing is used to pay for the fireworks, how many fireworks should be purchased? a) 4.4 b) 3.6 O c) 4 d) not enough information e) 3 Company x has the following Marginal Abatement Cost schedule = 100 - 2Ex, while company y has the Marginal Abatement Cost schedule = 50 - Ey. If the government places a fee of $20, what is firm x's total tax paid if it decides not to reduce its emissions? a) 160 b) 200 Oc) none of these answers d) 100 e) 1000 If firm X faces the following Marginal Abatement Costs = 150 - 4Ex, where Ex is the emissions of firm X. What level of emissions reduction will firm A conduct if the government does not impose a no fee? a) 150 b) 4 c) o d) 37.5 e) not enough information. Question 12 (1 point) Listen The local government wants to put on a fireworks show. There are two people, x and y. The Marginal Benefit curve for x is MBx = 10 - 4F and for y is MBy = 20 - F, where F is the number of fireworks. The Marginal Cost of Public Funds (MCF) is equal to $1.5 and the Marginal Revenue if they use distortionary taxes is $2. The Marginal Cost of each firework is $10. If a distortionary taxing is used to pay for the fireworks, how many fireworks should be purchased? a) 4.4 b) 3.6 O c) 4 d) not enough information e) 3
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started