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Homework # 10. Due 11/27/2017
Submit your answers on a one page, printed document, submitted in class.
Format: Single space, twelve point font, one inch margins.
Your full name and UB person id should be on the top of the page.
Use the entire page.
No handwritten homeworks.
Late homeworks shall not be accepted.
Page 410 & 411 of Parkins 12th Edition of Microeconomics discusses managing
1) Will the need to reduce greenhouse gas emissions such as carbon dioxide
kill certain industries?
2) What happens to a utilities Marginal Costs (MC) as they are compelled to
reduce carbon emissions?
3) Does burning coal positively or negatively impact Marginal Social Costs
4) What are the likely long term outcomes if carbon emissions are NOT
Make sure that you:
1) Introduce your topic.
2) Answer the questions.
3) Conclude and summarize your thought(s) on the subject.
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