Assignment 3 Essay

Submitted By smohan14

Words: 498

Pages: 2

Open Document

Sapna Mohan 1231602

Assignment 3 Avenue Drop Box 11:59 PM Wednesday March 25, 2015

Question #1: [40 marks] Each numerical solution is worth 5 marks
There are two sources of emissions.
MAC1 = 300 – 10E1
MAC2 = 150 – 5E2
Aggregate target emissions = 30 = E1 + E2
15 permits are given to each source of emissions.

(a) After permit-trading, the equilibrium solutions are: E1 = 20 A1 =10 E2 = 10 A2 =20

(b) Number of permits bought and sold = 5 bought by firm 1, 5 sold by firm 2

Permit Price = $100

(d) Net gain of due to trading of permits are: Net gain of source 1 = $125 Net gain of source 2 = $62.50 Question #2: [48 marks] Each numerical answer is worth 4 marks.
There are two sources of emissions.
MAC1 = 300 – 10E1
MAC2 = 150 – 5E2

(a) Assume that the tax rate is $100 per E.
Solve the cost minimizing emissions as E1 and E2.
E1 = 20 E2 = 10

(b) Assume that the tax rate is $100 per E. Solve following:
TAC1 = $ 500 Total tax-payments from source 1 = $2000 TAC2 = $1000 Total tax-payments from source 2 = $1000

(c) Assume that the tax rate is $100 per E. If source 1 reduces MAC1 to a level where new MAC1 = 150 – 5E1, what will be the gain of Source 1?
Gain = $500

(d) Assume that the subsidy rate is $100 per A. Find the following optimal values based on original functions:
A1 = 10 Total subsidy received by Source 1 = $ 1000
A2 =20 Total subsidy received by Source 2 = $ 2000

(e) Assume that the subsidy rate is $100 per A. If source 1 reduces MAC1 to a level where new MAC1 = 150 – 5E1, what will be the gain of Source 1?
Gain = $ 500
Question #3: [12 marks] (a) Should Canada impose carbon tax?
(i) If the answer is yes, outline favorable effects of carbon tax.

Yes, it satisfies cost efficiency criteria with lowest possible aggregate abatement costs. It leads to abatement reduction

Assignment 3 Assignment 1

Seeronie Singh AC502-Business Law Unit 3 Assignment #1 Final Project Part 1-Research Paper 1 Professor Lerner January 7, 2014 TABLE OF CONTENTS I. INTRODUCTION ………………………………………………………....…..……………....1 II. SECURITIES ACT OF 1933 AND 1934………………………….…....……….…………....1 II.1 SECURITIES AND EXCHANGE COMMISSION V. SUBAYE, INC ...……….....3 III. THE FOREIGN CORRUPT PRACTICES ACT OF 1977.………...…………...…………....4 III.1 THE BANANAGATE SCANDAL...………….……………………..…..………….5…

Words 2373 - Pages 10

Essay on assignment 3

Assignment 3 BUSI2001 C- INTERMEDIATE ACCOUNTING I 1- Prepare a Statement of Cash Flows for Global Inc. using the direct method. Harold Inc. Statement of Cash Flows For the year ended December 31, 20x2 Cash flow from operations Cash collected from customers (sales –increase in accounts receivable) ($1650 000-$24 000) $1626 000 Cash paid to suppliers (Decrease in inventory-increase in Accounts Payable) (1,236,000-31,0000) $(1,186,00) Cash…

Words 310 - Pages 2

Essay on Assignment 3

HLTH 101 Fall 2014 Dr. Diane Williams http://www.nature.com/scientificamericanmind/journal/v14/n1/pdf/scientificamericanmind0104-56.pdf Tutorial Assignment 3 due Week 8: Stress, Allostatic Load, and Health Answer the following questions. The first 5 questions are based on the McEwan article you read for tutorial during Week 7 (reference included below). Be sure to paraphrase from the article in your own words, rather than copying and pasting sentences. You may quote short phrases from…

Words 1561 - Pages 7

Assignment 3 Essay

Constitutional Law: Assignment 3 In 1955 there was a case in the U.S. District Court for the Eastern District of Virginia, Tate v. Department of Conservation and Development, 133 F. Supp. 53 (E.D. Va. 1955), that I believe is relevant to the situation stated in this assignment. The case pertains to issues with state funded facilities in regard to desegregation and the 14th Amendment. In June of 1951 in the state of Virginia a racial discrimination suit was filed in the U.S. District Court when…

Words 982 - Pages 4

Essay on Assignment 3

Assignment 3 I. 1. In “Explicit Reading Comprehension Instruction in Elementary Classrooms: Teacher Use of Reading Comprehension Strategies” Ness gives a straightforward definition of “reading comprehension”. For the intent of this particular article the “RAND Group’s definition” was used, which says that reading comprehension is “the process of simultaneously extracting and constructing meaning through interaction and involvement with written language”. The article also states that “comprehension…

Words 855 - Pages 4

Nt1320 Unit 3 Assignment 3

Assignment 3 Sachin Vijaykumar Chhasiya NTWK8180: IT Environmental Planning. Henry Anarado 8884858 Table of Contents Introduction 3 Plan Timeline 3 Task Breakdown 4 Key Milestones 5 Plan Notification Schedule 5 Detailed Breakdown of Problem 6 Software Impact 6 Outage Window & Measuring Success 7 Backup & Recovery Requirements 7 Conclusion 7 References 8 Introduction According to the approved change management plan, a critical software update for the Microsoft SQL database is…

Words 1454 - Pages 6

Assignment 3 Essay

Assignment 3: Business-Level and Corporate-Level Strategies Stephen Camuccio Instructor: Dr. Matthew Ademola Buss 499 6/15/2015 The business that I was interested in writing about is General Electric. GE company has been around a very very long time, and one of the largest companies in the entire US. GE continues to make money and provide excellent service to millions of customers worldwide. GE has a large vast portfolio that includes televisions, engines, medical devices, appliances, and…

Words 1042 - Pages 5

Unit 3 Statistics Assignment 3

Statistics Assignment Three The purpose of this paper is to explore descriptive statistics that involve two variables also known as bivariate (Loiselle, Profetto-Mcrath, Polit & Beck, 2011). The frequency counts and the observe number of each variable will be displayed using a contingency table, which displays a two dimensional table of the frequencies of the two variables, with a categorical level of measure either nominal or ordinal (Loiselle et al., 2011). The writer will provide contingency tables…

Words 1177 - Pages 5

Isc363 Unit 3 Assignment 3

Assignment 3: Risk Consultant Alexander Spirovski American Public University ISSC363 IT Security Risk Management Part 1: The purpose of a risk assessment is to identify, quantify, and prioritize risks; as well as providing useful insight into which safeguards and controls to develop and use to control specific risks. Furthermore, risk assessments must: create cognizance of risks, determine who is affected by risks, ascertain if existing control measures are adequate or inadequate, and help prevent…

Words 661 - Pages 3

assignment 3 Essay

Assignment Three Question one Explain what is meant by the term the national curriculum. The national curriculum started in 1988. This means that certain subjects became compulsory for pupils aged 5-16 years of age. These include the three core subjects: literacy,numeracy and science. Other subjects are known as foundation subjects these may include: design technology, information and communication technology(I.C.T),history,geography art and design, music, physical education,modern languages…

Words 2607 - Pages 11