Why is the answer c? Using Figure 2, determine the efficient allocation of a fixed water supply of 22 units of water. MB = 8 b. and MB stand for the marginal net benefits of water for groups A and B, respectively. a. Q = 14;QB = 12; QB = 10 c. = 16;Q = 6d. Q₁ = 18;Q = 4 e. None of the above A B A ure 2 60 60 C vig Water Allocation nigni 50 50 40 40 30 30 20 20 10 10 0 45 50 5 10 15 V20 S25 30 35 40 40 bremenigniVylqque- QuantityЯylqqu -MBA MBB

Why is the answer c? Using Figure 2, determine the efficient allocation of a fixed water supply of 22 units of water. MB = 8 b. and MB stand for the marginal net benefits of water for groups A and B, respectively. a. Q = 14;QB = 12; QB = 10 c. = 16;Q = 6d. Q₁ = 18;Q = 4 e. None of the above A B A ure 2 60 60 C vig Water Allocation nigni 50 50 40 40 30 30 20 20 10 10 0 45 50 5 10 15 V20 S25 30 35 40 40 bremenigniVylqque- QuantityЯylqqu -MBA MBB

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter12: Environmental Protection And Negative Externalities

Section: Chapter Questions

Problem 26RQ: What arguments d0 low-income countries make in international discussions of global environmental...

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b) Discuss and explain the concept of positive return toscale showing it relationship with the quantity ofproduction.
Q2 solution needed i need in words not handwritten solution Q1: The October 30th, 2021 edition of The Economist included an article titled “As EnergyPrices Spike, Governments Reach for the Dirtiest Tool in the Box.” (It is not necessary foryou to read the article; we will provide all relevant information in the questions we ask).The “dirty tool” in question is fossil-fuel subsidies. For Question 1, consider the marketfor natural gas in January 2020, prior to the onset of the Covid pandemic and before anychanges described in The Economist article. Assume that in January 2020, natural gasprices were in a short-run equilibrium.• Draw a graph that shows supply and demand analysis for gas in January2020. This graph will serve as a starting point for your analysis inQuestions 2, 3, 4, and 5.• In drawing this graph, please assume that the demand curve is downwardsloping and the supply curve is upward sloping.• Clearly show the market equilibrium in January 2020.• Please remember to clearly…
Water rescue situation Determine what should be done first and last as well as the available resources in the scenarios. 1. You were on the schools swimming pool to practice your butterfly stroke for an upcoming competition and are the only one in the pool area when you noticed someone floating in the pool's 8ft area. When you checked what it was, you were shocked to find a person floating and unresponsive to your calls.
Econ Return to Activity Score Mentor Mega Beans Market Booming Berries Booming Berries Materials Mark, if the external marginal cost from Booming Berries is $20 per thousand pounds, what is the socially efficient price per pound? 130 Booming Berrles 120 Clare 110 100 $70 90 80 70 Mark 60 That is correct! 50 40 30 Econ 20 Mentor 10 Mark, if the external marginal cost from Booming Berries is $20 per thousand pounds, what is the socially efficient quantity (in thousands)? 10 20 30 40 50 60 70 80 90 100 110 120 Quantity (in thousands) Clare Enter a response then click Submit below (in thousands) Submit MacBook Air F12 FI1 F9 F10 F8 F7 F6 888 F4 F5 F3 F2 esc F1 * & 24 % 8 @ # 7 3 4 2 T E Q tab Price (per pound)
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n order to create more jobs in the region, the local government gave permission to a foreign investor to build a chemical plant not far from a residential area. Analysts predict that real estate prices will drop by 15%15%. Currently, the total value of real estate is $40$⁢40 million.Calculate the potential external cost for the residents in this area of building the chemical plant. Write the exact answer. Do not round.
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