Below is a graph depicting the market provision of occupational safety: The employees exposed to the highest marginal risk, MD2, are not accompanied by the highest level of precaution, but instead are at Q2. Why is that?

Suppose that the marginal damages to society from air pollution are MD = e – 25, where e is the level of air pollution. Suppose also that the marginal cost of reducing the air pollution on the part of firms is MC = 200 – 2e.  Find the optimal level of pollution.  

Due to the inefficiencies of the market in providing information, some states have enacted _______ laws. These laws require businesses to disclose any potential hazards associated with toxic substances on the job. Responsibilities include labeling containers, keeping an inventory of all toxic substances used, and providing training in the handling of these substances.   

Suppose two countries with domestic cap-and-trade policies are considering linking their two systems. Country A has a cap of 20 tons of emissions, a domestic marginal cost of abatement of $10, and an uncontrolled emissions level of 60 tons, while Country B has a cap of 40 tons, a domestic marginal cost of abatement of $1q, where q = the tons of emission abatement, and an uncontrolled emissions level of 80 tons. If these two markets were linked by allowing each country to buy from and sell allowances to the other, what would be the price for both countries?

In the United States, the federal government requires auto manufacturers to install catalytic converters to reduce emissions on all new cars. This is an example of what kind of method to reduce emissions?

In carbon offset markets, the creation and sale of forest offsets are one mechanism for compensating forest landowners for increasing the amount of _________ from their land.

Thermal pollution is an example of which type of pollutant?

Many causes of water pollution are more difficult to trace to a particular source. Runoff from streets and agriculture, pharmaceutical waste discharged into waterways, as well as atmospheric deposition of pollutants are major diffuse sources of water pollution. This is also referred to as _______.

According to the New York Times article “How South Korea Puts Its Food Scraps to Good Use” by John Yoon and Chang W. Lee, it’s been illegal to send food waste to landfills since 2005, and hundreds of facilities for processing food waste have been built. This is an example of what kind of solution in sustainable development?

ACME Inc. experienced demand for 100 service calls in April. In May, the demand was 125 service calls. Calculate the percentage change in demand from April to May.  Show your work by typing in your calculation information and results.