Environmental Economics Discussion Questions

Environmental Economics Discussion Questions

Table of Contents

Order ID# 45178248544XXTG457	Plagiarism Level: 0-0.5%	Writer Classification: PhD competent
Style: APA/MLA/Harvard/Chicago	Delivery: Minimum 3 Hours	Revision: Permitted
Sources: 4-6	Course Level: Masters/University College	Guarantee Status: 96-99%

Instructions

Environmental Economics Discussion Questions

Managerial Economics Discussion

1. Review the three articles about Inflation that are found below this.
2. Locate two JOURNAL articles which discuss this topic further. You need to focus on the Abstract, Introduction, Results, and Conclusion. For our purposes, you are not expected to fully understand the Data and Methodology.
3. Summarize these journal articles. Please use your own words. No copy-and-paste. Cite your sources.

Environmental Economics Discussion Questions

I’m working on a economics multi-part question and need an explanation and answer to help me learn.

You work for the state environmental office and have been told that you are now in charge of determining the optimal amount of pollution allowed from powerplants in the area. You recognize that emissions from this powerplant causes damage to the environment, but that it is also costly to reduce the number of emissions due to reduced production of the plant.

After doing some research you find that the Marginal Damage Cost (MDC) and Marginal Abatement Cost (MAC) can be represented by the following equations:
MDC = 4e and MAC = 120 – 2e

 

1. (1.5 points) Graph the MAC and MDC curves on a single graph. What is the maximum level of unregulated or uncontrolled pollution for the firm? What is the total cost of pollution when the market is unregulated?
2. (1.5 points) What is the optimal amount of pollution emitted by this firm? What are the total abatement costs, total damage costs, and total pollution costs associated with the optimal level of pollution?
3. (1.5 points) A local environmental group is currently holding a protest where they are declaring any level of emissions as inherently wrong and that any form of pollution is an evil afront to the environment. According to them, the only right thing to do is reduce emissions down to zero. It is part of your job to reason with the protesters as to why the optimal level of emissions you calculated in part A should be followed. For your argument, calculate the Total Pollution Cost when emissions are zero and compare that to the Total Pollution Costs at the optimal level of emissions for part B. What would you tell the protesters?
4. (1.5 points) It has been discovered that you will need to hire regulators to enforce whatever pollution controls you impose on the company, and that the powerplant will have to hire a secretary to keep track of these pollution records. The sum of these enforcement costs will increase marginal abatement costs by $60. Either draw a new graph or draw a new MAC
   curve on your graph for part A to demonstrate this change. What is the new optimal level of pollution given these enforcement costs? Find the total cost of pollution at this new optimal level and explain why it has changed

RUBRIC
Excellent Quality 95-100%	Introduction 45-41 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.		Literature Support 91-84  points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.			Methodology 58-53 points Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score 50-85%	40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.		83-76  points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.			52-49  points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality 0-45%	37-1 points The background and/or significance are missing. No search history information is provided.		75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.			48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
You Can Also Place the Order at www.perfectacademic.com/orders/ordernow or www.crucialessay.com/orders/ordernow Environmental Economics Discussion Questions

Environmental Economics Discussion Questions

PLACE THE ORDER WITH US TODAY AND GET A PERFECT SCORE!!!