Exhibit 30-3 Costs of Eliminating:Firm A Firm B Firm C 1st ton of pollution$ 30 $ 50 $ 600 2nd ton of pollution$ 70 $ 90 $ 700 3rd ton of pollution$125 $150 $ 900 4th ton of pollution$200 $250 $1,300 Refer to Exhibit 30-3. What is the cost to Firm B of eliminating 2 tons of pollution?
A. $350
B. $250
C. $300
D. $140
E. $540
Answer: D
You might also like to view...
To say that something is scarce means that:
a. it is no longer available in stores. b. it must be conserved at any cost. c. even the government cannot supply it. d. sufficient amounts of it available only at a zero price. e. not enough is available to satisfy people's wants at a zero price.
Which of the following would be classified as a differentiated product produced by a monopolistic competitor?
a) natural gas b) tap water c) electricity d) Channel No. 5
The manufacturer of Beanie Baby dolls used quarterly price data for 2005 I - 2013 IV (t = 1, ..., 36) and the regression equationPt = a + bt + c1D1t + c2D2t + c3D3tto forecast doll prices in the year 2014. Pt is the quarterly price of dolls, and D1t, D2t, and D3t are dummy variables for quarters I, II, and III, respectively. 
At the 2 percent level of statistical significance, the results indicate that price in the ________ quarter is significantly lower than in any other quarter.
A. 1st B. 2nd C. 3rd D. 4th
Which one of the following statements is TRUE?
A. Demand deposits are assets of a bank. B. A bank's assets plus its liabilities must equal zero. C. A bank's reserves can only be kept as cash in its vault. D. Assets generate income for a bank.