Choose a wrong statement about uniformly mixed fund pollutants. The damage caused by uniformly mixed pollutants is relatively insensitive to where the emissions are injected into the atmosphere. A difficulty with emission charge is determining how high the charge should be set in order to ensure that the resulting emission reduction is at the desired level. The policy can focus simply on controlling the total amount of emissions in a manner that minimizes the cost of control. The cost-effective allocation is found by equating the total control costs of the two sources.

Please, Provide an Explanation for the Ranges/Point in the Follow (Encircled Below in Red. What Do the Ranges/Point Refer To & H They Calculated?) With Z representing the Level of Mitigation (Z): Marshland, MB = 3-Z Dampland, MB=4-2Z Wetland, MB 11-Z The Marginal Cost of Flood Mitigation (MC): MC=2+12Z a. What is the Socially Optimal Level of Z(Zopt)? Answer: From 0-2 MSB = [(3- Z)+(4- 2Z) + (11- Z)] = [(3+ 4+ 11)-(Z+2Z+Z)] = 18-4Z From 2-3 MSB=(3- Z) + (11- Z) = [(3 + 11)-(Z+Z)] = 14-2Z From 3-10-MSB = 11 - Z @11MSB=0

Distinguish among private efficiency, social efficiency, social welfare, and sustainability. Nuclear plants in countries store used uranium fuel and radioactive wastes outside the plant, most often in steel-lined concrete pools. Evaluate this practice according to each of the four criteria.

The figure above shows a national marketable permit system for carbon dioxide. If marginal abatement costs turn out to be high and the government does supply annual permits, what will be the price of a permit? Permit Price ($/ton) S D2 P2 = 600 P7 = 300 A P, = 150 1 %3D D Quantity of Permits 50 QT 75 Q2 100 (% of uncontrolled emissions) OA. P1 Ов. Р2 OC. PT OD. PO O E. Either P0 or P1. B

Three neighboring towns – Marshland, Dampland, and Wetland – all border the           same lake.  The lake frequently floods causing damage to property in all three           towns.  Each town would benefit from flood mitigation, but the level of benefits           differs.  With Z representing the level of mitigation:     for Marshland, MB = 3 – Z     for Dampland, MB = 4 – 2Z     for Wetland, MB = 11- Z            The marginal cost of flood mitigation is MC = 2 + 12Z Questions:                                    ***Please Note***  Previous Expert Calculated:     Z = 16/3 as the Solution to (a)        Math Solver Calculates:     Z = 1                                    ***Please Resolve*** (a)  What is the socially optimal level of Z?                      (b)  What would each individual town be willing to pay for this level of flood mitigation? (c)   The representative from Wetland proposes that each town pay an equal share for the optimal level of flood          mitigation.  Would…