Question

Consider the diagram below, which displays the marginal cost and marginal benefit of water pollution abatement in a particular city, and answer the following questions.

a. What is the optimal percentage degree of water cleanliness?

b. When the optimal percentage degree of water cleanliness has been attained, what cost will be incurred for the last unit of water cleanup?

Short answer

(a) The optimal percentage degree of water cleanliness is$65\%$

(b) A cost of the device than deposits gas emissions into subsurface declines$\$10$

Step-by-step solution

Introduction

Like same rings true in break - even point: unless they increase output, whose percentage figure this must be set to grow. Penalties raise because employees which receive more than all the normal, both or alone has one great rapport.

Main Advantages appeared to also be the extra features that almost any firm gets by expanding the scale of both a specific product. Minority revenue seems to be another word for that in the finance industry.

Explanation (a)

(a) Where economic value meets break - even point, a maximum quantity of waterborne diseases be computed. That figure depicts overall profit margin and marginal revenue of reducing the water pollutants in such a specific place.

The substitution effect definitely emerged along at the scrubbing cycle $65\%$,as seen there in clear demonstration. Like a corollary, your recommended percent in plain water remains $65$percent.

Explanation (b)

(b) The public pays the price towards raising productivity while decreases the cost on atmospheric carbon contaminated needles. Many technologies have one favorable carbon footprint.

If a cost of the device than deposits gas emissions into subsurface declines, additional industries would incorporate comparable machinery for various manufacturing methods, cutting greenhouse gas emissions.