Two firms are ordered by the federal government to reduce their pollution levels.
Firm A's marginal costs associated with pollution to reduction is MC = 20 + 4Q.
Firm B's marginal costs associated with pollution reduction is MC = 10 + 8Q.
The marginal benefit of pollution reduction is MB = 400 - 4Q.
(A) What is the socially optimal level of each firm's pollution reduction?
(B) Compare the social efficiency of three possible outcomes:
1. require both firms to reduce pollution by the same amount;
2. charge a common tax per unit of pollution;
3. require both firms to reduce pollution by the same amount but allow pollution permits to be bought and sold.

Which website did you use to find the image you used in your career presentation? complete sentences are not necessary.

Upscale hotels in the united states recently cut their prices by 20 percent in an effort to bolster dwindling occupancy rates among business travelers. a survey performed by a major research organization indicated that businesses are wary of current economic conditions and are now resorting to electronic media, such as the internet and the telephone, to transact business. assume a company's budget permits it to spend $5,000 per month on either business travel or electronic media to transact business. graphically illustrate how a 20 percent decline in the price of business travel would impact this company's budget set if the price of business travel was initially $1,000 per trip and the price of electronic media was $500 per hour. suppose that, after the price of business travel drops, the company issues a report indicating that its marginal rate of substitution between electronic media and business travel is 1. is the company allocating resources efficiently? explain.

Joe finally found a house for sale that he liked. which factor could increase the price of the house he likes? a. both he and the seller each have a real estate agent. b. a home inspector finds faulty wiring in the house. c. the house has been for sale for almost a year. d. several buyers all want that same house.