Reductions in Garbage Who does the reducing? At what cost?

First 5 tons

Second 5 tons

Third 5 tons

Cherry

Cherry

Cherry

Fourth 5 tons

Elm

$3,000

$4,000

$5,000

$5,500

Fifth and sixth 5 tons

Elm and Cherry

$6,000 each

Seventh 5 tons

Maple

$6,300

Access for free at openstax.org
553

Reductions in Garbage Who does the reducing? At what cost?

Eighth 5 tons

Elm

$6,500

Ninth and tenth 5 tons

Elm and Cherry

$7,000 each

Thus, the overall pattern of reductions here will be that Elm reduces garbage by 20 tons and has 15 tons of

permits to sell. Maple reduces by five tons and needs to buy five tons of permits. Oak does not reduce

garbage at all, and needs to buy 15 tons of permits. Cherry reduces garbage by 25 tons, which leaves it with

five tons of permits to sell. The total cost of these reductions would be $56,300, a definite reduction in

costs from the $59,500 cost of the command-and-control option.

9.

Incentives to Go Beyond

Flexibility about Where and How
{"creator": "PDFMiner", "file_size_mb": 26.99, "moddate": "2022-12-07T14:23:05-06:00", "creationdate": "2022-12-07T14:15:44-06:00", "file_name": "Microeconomics3e.pdf", "producer": "Prince 14.2 (www.princexml.com)", "title": "Principles of Microeconomics 3e", "upload_timestamp": "2026-02-07T15:37:44.339247", "source": "downloads\\business\\economics\\Microeconomics3e.pdf", "uploaded_via": "batch_uploader", "total_pages": 597, "source_file": "downloads\\business\\economics\\Microeconomics3e.pdf", "file_type": ".pdf", "file_hash": "830b81f41611ac67a490444dbb5d6aed292224606965b06965b914443c93331a", "batch_upload": true}