Lavage rapide is a canadian company that owns and operates a large automatic carwash facility near montreal. the following table provides data concerning the company’s costs: fixed cost per month cost per car washed cleaning supplies $0.60 electricity $1,200 $0.09 maintenance $0.25 wages and salaries $4,500 $0.40 depreciation $8,400 rent $2,200 administrative expenses $1,600 $0.02 for example, electricity costs are $1,200 per month plus $0.09 per car washed. the company actually washed 8,400 cars in august and collected an average of $6.30 per car washed. required: complete the company’s flexible budget for augustrevenueexpenses: cleaning and expensestotal expensenet operating income

4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms.a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.

Why is efficiency an important economic goal?

Paddock pools constructed a swimming pool and deck for the jensens' home. paddock installed the wrong trim on the pool. it would cost $2800 to change the trim-one-fifth of the total cost of the pool. the jensens refuse to pay anything for the pool. the paddock's best defense is: (a) duress (b) substanial performance (c)mistake (d) failure of conditions