# Model of Pollution Abatements Assignment | Homework For You

1. Recall the model of pollution abatements.Suppose there are two firms producing steel and pollution on one-to-one basis.Let Q1 denote Firm 1’s pollution level and Q2 Firm 2’s pollution level.The marginal damages from pollution externality (MD = MEC) is given byMD = Q = Q1 + Q2.Firms can abate pollution by taking abatement actions. Assume that eachabatement action reduces the same amount of pollution. Marginal abatement cost(MAC) is given byMAC1 = 120 – 2Q1 and MAC2 = 120 – Q2.

Don't use plagiarized sources. Get Your Assignment on
Model of Pollution Abatements Assignment | Homework For You
Just from \$13/Page

a. Note that without any environmental policy, each firm would choose its pollutionat a level where its marginal abatement cost is zero. Calculate such pollutionlevels, Q1E and Q2E.(Q1 in notation of E, etc)

b. Let us denote each firm’s abatement action by X1 and X2. Rewrite the aboveproblem in terms of abatement action. (Hint: use Q1 = Q1E – X1 and Q2 = Q2E – X2to express MD and both MAC in terms of X1 and X2.)

c. Identify the socially efficient level of pollution abatement level for each firm.

d. Calculate the efficient pollution tax that induces the socially efficient level of totalpollution Q*.

e. Show that the pollution quota of Q*/2 for each firm is inefficient.

f. Show that the tradable pollution quota (or permits) is efficient.Describe the nature of pollution permit trade. Get Economics homework help today

Calculate the price
Pages (550 words)
\$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Homework Writing Services
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Good content. Journals do not require citations/references.
Customer 459947, May 29th, 2022
Other
The paper was beautifully written and all instructions were followed exactly as stated. Thank you so much for delivering a quality paper.
Customer 452455, February 22nd, 2023
Psychology
GOOD REVISION.
Customer 462815, April 20th, 2022
Other
This week's order was phenomenally written and I did not have to request any revisions! Thank you to the writer for following all instructions as written and writing a phenomenal discussion paper.
Customer 452455, February 3rd, 2023
Human Resources Management (HRM)
Good work.
Customer 462499, May 29th, 2022
Nursing
I am pleased with my paper. The support team helping me to receive this finally was phenomenal. Thank you
Customer 453993, February 10th, 2020
History
Extremely well written, perfect for what I needed
Customer 454393, May 21st, 2020
Retail
great
Customer 463473, November 14th, 2022
Other
Commendable.
Customer 462457, April 29th, 2022
im happy
Customer 453915, January 28th, 2020
Computer science
Even though I received the paper on time, the person that I received the paper from kept telling that did submit the paper to me and there no link available to me to download and revise the paper until excessive close to the deadline. This is not good business, considering that there at least a week to write not to mention the support kept telling me that I was submitted when it wasnt...
Customer 452515, April 9th, 2020
Education
Be keen on plagiarism.
Customer 454463, March 28th, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend