Question

Emissions (tons/month) | Marginal Abatement Cost | Total Abatement Cost | Total Tax Bill at $100/ton | Total Costs 10 | 0 9 | 15 8 | 30 7 | 50 6 | 70 5 | 100 4 | 120 3 | 150 | | 300 2 | 185 | | 200 1 | 230 | | 100 0 | 290 | | 0 5. Refer to the table above. The firm above faces an emissions charge of $100 per ton/month. If the firm chooses to emit 5 tons/month what is the firm's total cost? A. $865 B. $600 C. $765 D. $265 6. Refer to the table above. The firm above faces an emissions charge of $100 per ton/month. If the firm chooses to emit 0 tons/month what is the firm's total cost? A. $1290 B. $2290 C. $2235 D. $1235 7. Refer to the table above. The firm above faces an emissions charge of $100 per ton/month. At what level of emissions does the firm minimize total abatement cost? A. 4 B. 5 C. 6 D. 3 8. Refer to the table above. If the firm above faced an emissions charge of $150 per ton/month, at what level of emissions does the firm minimize total abatement cost? A. 3 B. 5 C. 7 D. 8 9. Refer to the table above. If a regulatory agency simply mandated that the firm could emit a maximum of 5 tons/month and there were no emission charges, what would the firm's total abatement costs be? A. $200 B. $265 C. $400 D. $465

          Emissions (tons/month) | Marginal Abatement Cost | Total Abatement Cost | Total Tax Bill at $100/ton | Total Costs
10 | 0
9 | 15
8 | 30
7 | 50
6 | 70
5 | 100
4 | 120
3 | 150 | | 300
2 | 185 | | 200
1 | 230 | | 100
0 | 290 | | 0

5. Refer to the table above. The firm above faces an emissions charge of $100 per ton/month. If the firm chooses to emit 5 tons/month what is the firm's total cost?
A. $865
B. $600
C. $765
D. $265

6. Refer to the table above. The firm above faces an emissions charge of $100 per ton/month. If the firm chooses to emit 0 tons/month what is the firm's total cost?
A. $1290
B. $2290
C. $2235
D. $1235

7. Refer to the table above. The firm above faces an emissions charge of $100 per ton/month. At what level of emissions does the firm minimize total abatement cost?
A. 4
B. 5
C. 6
D. 3

8. Refer to the table above. If the firm above faced an emissions charge of $150 per ton/month, at what level of emissions does the firm minimize total abatement cost?
A. 3
B. 5
C. 7
D. 8

9. Refer to the table above. If a regulatory agency simply mandated that the firm could emit a maximum of 5 tons/month and there were no emission charges, what would the firm's total abatement costs be?
A. $200
B. $265
C. $400
D. $465

Emissions (tons/month) | Marginal Abatement Cost | Total Abatement Cost | Total Tax Bill at 100/ton | Total Costs
10 | 0
9 | 15
8 | 30
7 | 50
6 | 70
5 | 100
4 | 120
3 | 150 | | 300
2 | 185 | | 200
1 | 230 | | 100
0 | 290 | | 0

5. Refer to the table above. The firm above faces an emissions charge of100 per ton/month. If the firm chooses to emit 5 tons/month what is the firm's total cost?
A. 865
B.600
C. 765
D.265

6. Refer to the table above. The firm above faces an emissions charge of 100 per ton/month. If the firm chooses to emit 0 tons/month what is the firm's total cost?
A.1290
B. 2290
C.2235
D. 1235

7. Refer to the table above. The firm above faces an emissions charge of100 per ton/month. At what level of emissions does the firm minimize total abatement cost?
A. 4
B. 5
C. 6
D. 3

8. Refer to the table above. If the firm above faced an emissions charge of 150 per ton/month, at what level of emissions does the firm minimize total abatement cost?
A. 3
B. 5
C. 7
D. 8

9. Refer to the table above. If a regulatory agency simply mandated that the firm could emit a maximum of 5 tons/month and there were no emission charges, what would the firm's total abatement costs be?
A.200
B. 265
C.400
D. 465

Added by Sarah C.

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