Solved

The Cost of Controlling Emissions at a Firm Goes Up

Question 10

Multiple Choice

The cost of controlling emissions at a firm goes up rapidly as the amount of emissions reduced goes up. Here is a possible model: The cost of controlling emissions at a firm goes up rapidly as the amount of emissions reduced goes up. Here is a possible model:   where q is the reduction in emissions (in pounds of pollutant per day) and C is the daily cost to the firm (in dollars) of this reduction. Government clean air subsidies amount to $750 per pound of pollutant removed. How many pounds of pollutant should the firm remove each day to minimize net cost (cost minus subsidy) ? A) 2.5 pounds B) 75 pounds C) 2 pounds D) 5 pounds E) 10 pounds where q is the reduction in emissions (in pounds of pollutant per day) and C is the daily cost to the firm (in dollars) of this reduction. Government clean air subsidies amount to $750 per pound of pollutant removed. How many pounds of pollutant should the firm remove each day to minimize net cost (cost minus subsidy) ?


A) 2.5 pounds
B) 75 pounds
C) 2 pounds
D) 5 pounds
E) 10 pounds

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents