Emission levles
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2. The table below presents estimates of the benefits and costs arising from a program to restrict emissions of sulfur dioxide in Virginia. Current emissions are 10 tons per month.
Emissions (tons/month) Benefits (million $) Costs (million $)
10 0 0
9 6 12
8 10 14
7 20 16
6 34 19
5 46 24
4 56 31
3 64 42
2 70 55
1 74 70
0 76 88
a) Identify the emissions level at which net benefits would be maximized.
b) Identify the emissions level that gives the highest benefit-cost ratio.
c) Explain why your answers in a) and b) are different.
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a) Identify the emissions level at which net benefits would be maximized.
The emission level at which net benefit are maximized are is 4 tons/month at this level the benefits are 56 and the costs 31 which gives us a net benefit of 25 ...
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- BSc , University of Calcutta
- MBA, Eastern Institute for Integrated Learning in Management
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