Questions
Single choice
Kip and Yale run separate mining companies in the same forest. Both pollute the river flowing through the forest with debris from their work. In the table below, the first row shows the current level of debris that makes its way into the river from their work. The following table set out information that shows how much it would cost each company to reduce its pollution by additional increments of 10 pounds. Kip Yale Current debris in pounds 60 80 Cost of reducing debris by 10 pounds $5 $2 Cost of reducing debris by a second 10 pounds $10 $4 Cost of reducing debris by a third 10 pounds $15 $6 Cost of reducing debris by a fourth 10 pounds $20 $8 Cost of reducing debris by a fifth 10 pounds $25 $10 If each mining company is forced to cut its debris in half, the respective cost to Kip and Yale will be
Options
A.1) $30, $12
B.2) $5, $2
C.3) $10, $4
D.4) $30, $20
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Step-by-Step Analysis
The problem asks for the total cost for each company to cut its debris in half.
First, establish the halved debris amounts: Kip's current debris is 60 pounds, so half is 30 pounds. Yale's current debris is 80 pounds, so half is 40 pounds.
Now compute the costs for Kip to reduce by 30 pounds in increments of 10 pounds. The listed costs for Kip are: for the first 10 pounds, $5; the second 10......Login to view full explanationLog in for full answers
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