There are two polluting firms in an industry. each firm is initially generating 200 tons of pollution each year. each faces the following costs in reducing pollution. cost of reducing pollution by one ton firm a $20 firm b $10 the government has recently set a goal of reducing industrial pollution in the industry by 50% and is considering two policies to achieve this. the first policy would require all firms in the industry to reduce pollution by 50%. the second policy would involve issuing 100 tradable permits to each firm. (with tradable permits, each permit would allow the firm owning it to produce one ton of pollution annually. firms would be free to buy and sell these permits as they desired. it would be illegal for firms to produce more pollution than the amount of pollution covered by the permits they own.)

In the fall, jay thompson decided to live in a university dormitory. he signed a dorm contract under which he was obligated to pay the room rent for the full college year. one clause stated that if he moved out during the year, he could sell his dorm contract to another student who would move into the dormitory as his replacement. the dorm cost was $5000 for the two semesters, which jay had already paid a month after he moved into the dorm, he decided he would prefer to live in an apartment. that week, after some searching for a replacement to fulfill his dorm contract, jay had two offers. one student offered to move in immediately and to pay jay $300 per month for the eight remaining months of the school year. a second student offered to move in the second semester and pay $2500 to jay. jay estimates his food cost per month is $500 if he lives in the dorm and $450 if he lives in an apartment with three other students. his share of the apartment rent and utilities will be $404 per month. assume each semester is 4.5 months long. disregard the small differences in the timing of the disbursements or receipts. what is the cost of the cheapest alternative?

Which of the following is not a consideration when determining your asset allocation

Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period