Wednesday
November 26, 2014

Homework Help: managerial economics

Posted by Pragati on Wednesday, February 2, 2011 at 3:03pm.

U.S.Supreme Court Justice examines government's role in controlling & managing health risks. One major problem examined is cleanup of hazardous waste sites. He wish to see waste sites 100% clean.
a. Explain, using theory of optimization & a graph, the circumstances under which waste site could be made "too clean".
b. Justice Breyer believes that a society can enjoy virtually all health benefits of cleaning up a waste site for only a "small fraction" of the total cost of completely cleaning site. Using graphical analysis, illustrate this situation. (Hint: Draw MB and MC curves with shapes that specifically illustrates this situation.)

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Managerial Economics - Looking at controlling government roles in managing ...
PreCalc - Let x = the number of non-federal hazardous waste sites and let y = ...
Managerial Economics - I am trying to understand how to variate between MC and ...
environmental - What problems may arise from mixing household hazardous waste ...
health - i need some sites on then few questions i cant find anything on this ...
Science - What waste disposal methods are available to humans and how might they...
Science - Who is creating the most waste?What is suggested that we do to curve ...
science - Who is creating the most waste?What is suggested that we do to curve ...
Social Studies - A-Cabinet B-Checks and Balances C-Commander in Chief D-...
Science - Can someone please help me out with these two questions below thank ...

Search
Members