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WorksheetsQuiz-env
Total questions: 10
Worksheet time: 34mins
Let MAC = 4 – E. In which case the area of the TAC is maximum?
E=0
E=1
E=2
E=3
E=4
Assume that (P)_t=8-Q_t, MC=3, r=0.1 and λ=3. Also assume that the marginal cost of renewable resource is 6. Find the first period price and chock quantity.
6 and 2
8 and 2
1 and 2
6 and 4
8 and 4
Assume that fishery has property right to use the river. Let MAC=300-5E and MD=E. Find the max value of net gain for chemical company
6428
4286
8462
8426
2648
Assume that chemical company has property right to use the river. Let MAC=70-2E, MD=3E. Find the net gain for chemical company at the social efficient point.
441
144
114
401
104
Let MD=2E and MAC=150-E. When the value of net social gain is maximum?
Standard=30
Standard=50
Standard=20
Standard=75
Standard=25
Let MAC1=60-5E1, MAC2=12-E2 and emission standard is 6 tons. Apply cost-effective individual standard and find the TAC for second firm
50
100
10
30
12
Let MAC1=60-5E1, MAC2=12-E2 and emission standard is 6 tons. Apply uniform standard and find the TAC for first firm
90
60
12
6
5
Let MD=5E and MAC=160-5E. If standard is 20 tons, calculate the net social gain
1200
2100
1002
2001
2010
Let MD=6E and MAC=160-2E. If standard is 20 tons, calculate the net social gain
14400
10440
44100
40140
10044
Let MD=6E and MAC=160-4E. If standard is 20 tons, calculate TD
1200
160
120
20
6
