Author: Anonymous

Suppose that the marginal damages to society from air pollution are MD = e – 25, where e is the level of air pollution. Suppose also that the marginal cost of reducing the air pollution on the part of firms is MC = 200 – 2e.  Find the optimal level of pollution.  

What was the main issue behind the “Radium Girls”, factory workers in the 1910s and 1920s who painted glow-in-the-dark watch dials with radium paint that resulted in several class-action lawsuits?

Suppose there are two identical forest plots, except that one will be harvested and left to regrow, while the second will be cleared after the harvest and turned into a housing development. In terms of efficiency, which one should have the oldest harvest age?

Suppose there are two firms that each emit 30 units of pollution, and the State Pollution Board wants to reduce this level to a total of 20 units between both firms. They decide to allocate 10 permits to each firm, where each permit will allow 1 unit of emissions per permit.  Assume the following information, where TAC is total abatement cost and MAC is marginal abatement cost:  TAC1 = 100A12 MAC1=1.5A1 TAC2 = 50A22 MAC2=A2. If each firm keeps its 10 permits, how much will they each spend in total to reduce emissions?

Suppose two countries with domestic cap-and-trade policies are considering linking their two systems. Country A has a cap of 20 tons of emissions, a domestic marginal cost of abatement of $10, and an uncontrolled emissions level of 60 tons, while Country B has a cap of 40 tons, a domestic marginal cost of abatement of $1q, where q = the tons of emission abatement, and an uncontrolled emissions level of 80 tons. Before linkage, what would be the price in Country A?

Many causes of water pollution are more difficult to trace to a particular source. Runoff from streets and agriculture, pharmaceutical waste discharged into waterways, as well as atmospheric deposition of pollutants are major diffuse sources of water pollution. This is also referred to as _______.

Which type of efficient allocation is used for fund pollutants?

As the technology advances, equipment changes and advances are occurring in diagnostic imaging. For each of the traditional pieces of equipment listed, match it with its new and upcoming replacement equipment.       1.   Image intensifier is being replaced with 2.  Vidicon camera is being replaced with 3.  Cathode ray tube – CRT is being replaced with 4.  Cine and spot film recording is being replaced with 5.  Continuous on x-ray tube is being replaced with     A.  Grid controlled fluoroscopy- GCR B.  Flat Panel Monitor C.  Flat panel Image receptor _ FPIR D. Picture archival and communication – PACS E.  Charged coupling device – CCD    

Drug A and Drug B both suppress appetite to the same extent, but Drug A has an ED50 of 115 mg/kg whereas Drug B has an ED50 of 50 mg/kg. We can conclude, therefore, that:

FINAL – Your final is a reflective summary of the class. Choose at least 3 learning objectives from the front sections of the chapters and comment on what you learned and how you will incorporate this into your daily operations whether it be in your daycare or in your home.   Submit in the submission box below.