subject
Business, 18.05.2021 18:40 longboard5967

For the next three questions, consider a perfectly competitive pharmaceuticals manufacturer that charges $101 per pill produced and, considering private costs only, decides to produce 26,500 units. However, the production of the pill leads to pollution, which causes externality costs beyond private costs. If the firm produces the 26,500 units, marginal social cost (which includes private and social costs from the pollution externality) is $160. A government economist studies the situation and determines that, when the social cost of pollution is considered as well, 16,000 units should be produced instead of 26,500. Calculate the reduction in total spending that occurs when the government intervenes to force production of the socially optimal quantity. Carefully follow all numeric instructions. Although you are entering a reduction, enter a positive number only.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 19:30
The revenues of a company increased by 39% in year one and decreased 22% in year two. what is the overall change over the two-year period?
Answers: 1
question
Business, 22.06.2019 11:10
Sam and diane are completing their federal income taxes for the year and have identified the amounts listed here. how much can they rightfully deduct? • agi: $80,000 • medical and dental expenses: $9,000 • state income taxes: $3,500 • mortgage interest: $9,500 • charitable contributions: $1,000.
Answers: 1
question
Business, 22.06.2019 14:30
In our daily interactions we can find ourselves listening to other people solely for the purpose of finding weakness in their positions so that we can formulate a convincing response. select one: true false
Answers: 1
question
Business, 22.06.2019 19:10
Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average.it is valued at greater than the sum of individual business units.
Answers: 1
You know the right answer?
For the next three questions, consider a perfectly competitive pharmaceuticals manufacturer that cha...
Questions
question
Arts, 23.11.2019 21:31
Questions on the website: 13722361