Kindly solve the following questions

16 of 16 Sapling Learning The graph to the right is a nation's production possibility frontier (PPF) for timber production and spotted owl habitat. According to the graph, there are four possible combinations of timber production and spotted owl habitat (Points A, B, C, and D). Which of these points best fits Select answer the situation where the country prioritizes increasing GDP directly in relation to timber Spotted Owl Habitat production? Which point best fits the situation where the PPF country prioritizes environmental quality? Select answer Timber Which point is currently not Soloct answer attainable? How might unattainable points become attainable? O The nation uses all resources completely. Which point is attainable, but not | Select answer The nation acquires more efficient? O resources. O The nation focuses on the production of only one good. It is impossible for unattainable points to become attainable Previous & Give Up & View Solution () Check Answer () Most | Exit FJ 44 F5 F7 % A & 4 5 ON 8Without any regulations, rm X and rm Y each produce 900 tons of a pollutant per year. Regulators have discovered that the optimal level of this pollutant is 1,000 tons of pollution each year. The accompanying graph provides the marginal benet curves of pollution for each rm. Suppose that regulators limit each rm's annual pollution to 500 tons each. By how much will each rm reduce its emissions? Firm Y: tons Noting that it is less expensive for rm X to reduce emissions, regulators decide to use a corrective tax instead of a strict environmental standard. Adjust the black line on the graph to show the optimal corrective tax to reduce total emissions to 1,000 tons per year. Under this tax, by how much will rm X reduce emissions (compared to the situation in which there are no regulations)? Marginal benet to polluters (55) 500 - 450 - Jr. D D (A! (II D D: O D 200 - .- (II D Firm Y Emissions Tax 0 100 200 300 400 500 600 700 800 900 1,000 Mctrictons