There is a manufacturing plant that emits 10 tonnes of carbon annually. If this manufacturer were to reduce their annual carbon emissions by 1 tonne it would cost (marginal cost) them $5 dollars, by 2 tonnes it would cost them $10, by 3 tonnes it would cost them $15 and 4 tonnes would cost them $20. If there is a carbon tax of $10 per tonne of carbon, how much would the manufacturer likely reduce their carbon emissions by?
There is a manufacturing plant that emits 10 tonnes of carbon annually. If this manufacturer were to reduce their annual carbon emissions by 1 tonne it would cost (marginal cost) them $5 dollars, by 2 tonnes it would cost them $10, by 3 tonnes it would cost them $15 and 4 tonnes would cost them $20. If there is a carbon tax of $10 per tonne of carbon, how much would the manufacturer likely reduce their carbon emissions by?
Chapter3: Marketing Aquaculture
Section: Chapter Questions
Problem 1KA
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There is a manufacturing plant that emits 10 tonnes of carbon annually. If this manufacturer were to reduce their annual carbon emissions by 1 tonne it would cost (marginal cost) them $5 dollars, by 2 tonnes it would cost them $10, by 3 tonnes it would cost them $15 and 4 tonnes would cost them $20. If there is a carbon tax of $10 per tonne of carbon, how much would the manufacturer likely reduce their carbon emissions by?
a. |
1 tonne |
|
b. |
2 tonnes |
|
c. |
3 tonnes |
|
d. |
4 tonnes |
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