Running head: EVALUATING ENVIRONMENTAL REGULATION 1 EVALUATING ENVIRONMENTAL REGULATION 2 Evaluating environmental regulation David Bumford Kaplan University 2/10/2014 Introduction Throughout the most recent few decades, improvement of the environmental development has been putting more weight on firms to recognize, portray, investigate and report upon natural issues and effects. Numerous associations and endeavors are mindful that environmental issues are getting pressing in all parts of social life. In an exertion to secure nature, environmental regulation measures have been presented on both a required and voluntary support (Fiorino, 2006). Observing the profits of agreeability is essential for firms to act as per ecological laws and regulations. To keep our reality going in the right heading, we need to scan for elective asset in energy. Current researchers have thought of approaches to help in changing over renewable assets which incorporate wind turbines, biofuels, water, and the sun into vigor in driving what's to come. Thesis statement: This paper looks to address environmental regulation through; expressing the reason for reusing programs, evaluating the effects of these projects on firms and consumers, and assessing the degree of these projects in accomplishing their motivation in ecological regulation. To begin with, recycling programs in effort to control environmental regulation has significant purpose to the government, environment, and the society at large. Recycling redirects waste items from landfills through development of their functionality and strong recycling programs enhance neighborhood quality in life thus coming about to additional attractive environment to live. In addition, recycling projects assist to diminish greenhouse discharges in unsafe gases and conserves the common assets through utilization of few crude materials. Through Resource Conservation and Recovery Act (RCRA) federal government of U.S offers the rules and regulation governing disposal and handling of all waste products under their jurisdictions to maintain clean environment (Fiorino, 2006). The Universal Waste Rule (UWR) ensures hazardous waste collection requirements of lamps, thermostats, batteries and all other wastes which are threat to the environment. Moreover, all PVB waste products are controlled and regulated through Toxic Substances Control Act (TSCA). Recycling programs lead to significant impacts to firms and consumers in different ways. Recycling programs makes employments through all the procedures included in transforming the waste material into convenient items and help to backing maintainable commercial enterprises as a few organizations depend of waste reusing to make business. Recycling projects assist to unite groups through school interest or different projects in nature's turf while furnishing an economical development in neighborhoods when waste decrease is made a necessity. These programs provide the consumers with modest.

1. Running head: EVALUATING ENVIRONMENTAL
REGULATION
1
EVALUATING ENVIRONMENTAL REGULATION
2
Evaluating environmental regulation
David Bumford
Kaplan University
2/10/2014
Introduction
Throughout the most recent few decades, improvement of the
environmental development has been putting more weight on
firms to recognize, portray, investigate and report upon natural
issues and effects. Numerous associations and endeavors are
mindful that environmental issues are getting pressing in all
parts of social life. In an exertion to secure nature,
environmental regulation measures have been presented on both
a required and voluntary support (Fiorino, 2006). Observing the
profits of agreeability is essential for firms to act as per
ecological laws and regulations. To keep our reality going in the
right heading, we need to scan for elective asset in energy.
Current researchers have thought of approaches to help in
changing over renewable assets which incorporate wind
turbines, biofuels, water, and the sun into vigor in driving
what's to come.
Thesis statement: This paper looks to address environmental
regulation through; expressing the reason for reusing programs,
evaluating the effects of these projects on firms and consumers,
and assessing the degree of these projects in accomplishing
their motivation in ecological regulation.
To begin with, recycling programs in effort to control
environmental regulation has significant purpose to the
government, environment, and the society at large. Recycling

2. redirects waste items from landfills through development of
their functionality and strong recycling programs enhance
neighborhood quality in life thus coming about to additional
attractive environment to live. In addition, recycling projects
assist to diminish greenhouse discharges in unsafe gases and
conserves the common assets through utilization of few crude
materials. Through Resource Conservation and Recovery Act
(RCRA) federal government of U.S offers the rules and
regulation governing disposal and handling of all waste
products under their jurisdictions to maintain clean environment
(Fiorino, 2006). The Universal Waste Rule (UWR) ensures
hazardous waste collection requirements of lamps, thermostats,
batteries and all other wastes which are threat to the
environment. Moreover, all PVB waste products are controlled
and regulated through Toxic Substances Control Act (TSCA).
Recycling programs lead to significant impacts to firms and
consumers in different ways. Recycling programs makes
employments through all the procedures included in
transforming the waste material into convenient items and help
to backing maintainable commercial enterprises as a few
organizations depend of waste reusing to make business.
Recycling projects assist to unite groups through school interest
or different projects in nature's turf while furnishing an
economical development in neighborhoods when waste decrease
is made a necessity. These programs provide the consumers
with modest items from the recycling commercial enterprises.
As per research by Recycling means Business of North
Carolina, waste item recycling offer employments to additional
individuals contrasted with bio-tech commercial enterprises in
that state (Kuehr, Williams, & Workshop, 2003). A study by
the Florida Recycling Economic Information gives that
recycling project which is effective, profit neighborhood
monetarily and enhances tasteful advance of neighborhoods.
Moreover, Markets for Aluminum states that numerous
customers purchase more scrap aluminum where these plants are
spotted and these purified items are sold shabbier in the

3. businesses.
Furthermore, the evaluation of environmental regulation has
shown significant progress as many private and government
owned institutions have teamed up to see the success of
recycling programs. Reports from private and government
foundations accountable for environmental regulation talk
emphatically in the advancement of environmental recycling
projects. According to the HHS Environmental Justice Strategy,
numerous projects of ecological regulation are making contrast
by offering grants to groups at the present time selecting and
preparing individuals living in defenseless ranges because of
contaminants presentation (Freeman, et al, 2007). Nevertheless,
affordable Care Act furnishes new change in the neighborhood
by offering award recycling projects building the Economic
Empowerment Zone Model.
In conclusion, environmental regulation evaluation offers the
best chance for scholars and local citizens to give all
environmental regulations and rules their best in effort to keep
safe the environment. Environmental regulations ensure
humanity attains the safest place to enjoy life and make
business while offering many benefits to the consumers and
firms. Through the support offered by different stakeholders in
environmental regulation the progress of recycling programs has
shown positive response and many recycling projects are
yielding importantly. The federal government should empower
the local and state governments to ensure that all the waste
products under their jurisdictions are well controlled and
effectively recycled.
References
Fiorino, D. J. (2006). The new environmental regulation.
Cambridge, Mass: MIT Press.
Freeman, J., Kolstad, C. D., & NetLibrary, Inc. (2007). Moving
to markets in environmental regulation: Lessons from twenty
years of experience. Oxford: Oxford University Press.

4. Kuehr, R., Williams, E., & Workshop. (2003). Computers and
the environment: Understanding and managing their impacts.
Dordrecht [u.a.: Kluwer Acad. Publ.
Unit 9
[Microeconomics]Unit 9 Assignment: Externalities
Name:
-
Course Number:
-
Section Number:
-
Unit Number:
- 9
Date:
-
Education is an example of a positive externality: acquiring
more education benefits the individual student and having a
more highly educated work force is good for the economy as a
whole.
The accompanying table illustrates the marginal benefit to Sian
per year of education and the marginal cost per year of
education. Each year of education has a marginal external
benefit to society equal to $8,000. Assume that the marginal
social cost is the same as the marginal cost paid by an
individual student.

5. Quantity of Education
(in years)
Sian’s Marginal Benefit
per year
Sian’s Marginal Cost
per year
9
-
-
10
$20,000
$15,000
11
19,000
16,000
12
18,000
17,000
13
17,000
18,000
14
16,000
19,000
15
15,000
20,000
16
14,000
21,000
17
13,000
22,000
a. Find Sian’s market equilibrium number of years of education
b. Calculate the marginal social benefit schedule

6. Years of Education
Sian’s marginal benefit per year
Marginal external benefit to society
Marginal social benefit
Sian’s marginal cost per year
9
-
-
-
-
10
$20,000
$8,000
$15,000
11
19,000
8,000
16,000
12
18,000
8,000
17,000
13
17,000
8,000
18,000
14
16,000
8,000
19,000

7. 15
15,000
8,000
20,000
16
14,000
8,000
21,000
17
13,000
8,000
22,000
c. What is the socially optimal number of years of education?
d. You are in charge of education funding. Would you use a
Pigouvian tax or a Pigouvian subsidy to induce Sian to choose
the socially optimal amount of education? Justify your answer.
e. How high would you set this tax or subsidy per year of
education? Justify your answer.
---------------------
References:
Unit 9 Assignment: Education a positive externality
Content (13 points)
Points Possible
Points Earned
Determined Siam’s market equilibrium quantity of education.
3
Correctly calculated the marginal social benefit schedule.
2
Correctly calculated the socially optimal number of years of
education.

8. 2
Use a tax or a subsidy to induce Sian to choose the socially
optimal amount of education.
3
Set the tax or subsidy per year of education.
3
Analysis (7 points)
Work demonstrates synthesis of concepts, research, and
experience.
3
Work demonstrates the student’s ability to tie relevant
information to real-life applications.
2
Analysis exceeds basic comprehension to demonstrate higher-
order thinking.
2
Writing (5 points)
Correct use of APA 6th edition format, all sources used to
support the paper are referenced.
2
Sentences are clear, concise, and direct; tone is appropriate,
spelling, grammar, and punctuation are correct.
3
Total

9. 25
Unit 8
[Microeconomics]
Unit 8 Assignment: Research Paper Final
Name:
-
Course Number:
-
Section Number:
-
Unit Number:
- 8 Research
Date:
-
Research paper
This paper must:
· Be between 2 and 3 pages (600 to 900 words) in length –
double spaced.
· Use correct grammar, punctuation, and spelling and follow the
APA format.
· Have an introduction, a development, and a conclusion. In the
development you should present your arguments or assessment

10. of the issue you selected while staying objective. In the
conclusion, however, you can take a position and state your
opinion.
· This being an Economics course, your arguments should
pertain to the economy.
· Your arguments should be supported as much as possible by
articles or studies that have been made on the subject. If you
mention statistics or any data or numbers, your source should be
clearly stated; otherwise your argument will not be valid. Most
sources should be less than 3 years old.
· Include a list of references (URLs, articles, books, etc.) in a
separate Bibliography / Webliography.
The Grading Rubric that will be used to evaluate your paper can
be found in the Syllabus in the Course Home
---------------------
References:
Microeconomics: Unit 8 Assignment: Final Research Paper
Content (125 points)
Points Possible
Points Earned
· Paper is 2 to 3 pages in length and effectively Addresses the
requirements of the Final paper
· Included a working title.
15
· Clearly presented in an introduction.
20
· Well defined thesis statement that incorporates three main

11. points.
30
· Three major points that are tied to the thesis statement and are
succinctly discussed in the body of the paper.
30
· Two details for each of the three major points supported with
reliable sources in the body of the paper.
15
· Conclusion provides a summary of the main points.
15
Analysis (70 points)
Work demonstrates synthesis of concepts, research, and
experience
30
Work demonstrates the student’s ability to tie relevant
information to real-life applications.
20
Analysis exceeds basic comprehension to demonstrate higher-
order thinking.
20
Writing (40 points)
· Correct use of APA 6th edition format, all sources used to
support the paper are referenced
· In-text citations and reference list at the end of your paper are

12. both included.
20
Sentences are clear, concise, and direct; tone is appropriate,
spelling, grammar, and punctuation are correct.
20
Total
235
Unit 8
[Microeconomics]
Unit 8 Assignment: Oligopoly and Monopolistic Competition
and Product Differentiation
Name:
-
Course Number:
-
Section Number:
-
Unit Number:
- 8
Date:
-
Problem
Dr. Fine and Dr. Feelgood are the only two medical doctors

13. offering immediate walk-in medical services in the town of
Springfield. That is, they operate in a duopoly. Each doctor can
charge either a high price or a low price for a standard medical
visit. The accompanying matrix shows their payoffs, in profits
per patient (in dollars), for any choice that the two doctors can
make.
Suppose the two doctors play a one-shot game—that is, they
interact only once and never again. What will be the Nash (non-
cooperative) equilibrium in this one-shot game?
1. Now suppose the two doctors play this game twice. Also,
suppose each doctor can play one of two strategies: it can play
either “always charge the low price” or “tit for tat”— that is, it
starts off charging the high price in the first period, and then in
the second period it does whatever the other doctor did in the
previous period. Write down the payoffs to Dr. Fine from the
following four possibilities:
a. Dr. Fine plays “always charge the low price” when Dr.
Feelgood also plays “always charge the low price.”
FIRST Period
Payoffs
SECOND Period
Payoffs
TOTAL Payoffs
Charges
(high or low)
Charges
(high or low)

14. Fine
Fine
Feelgood
Feelgood
b. Dr. Fine plays “always charge the low price” when Dr.
Feelgood plays “tit for tat.”
FIRST Period
Payoffs
SECOND Period
Payoffs
TOTAL Payoffs
Charges
(high or low)
Charges
(high or low)
Fine

15. Fine
Feelgood
Feelgood
c. Dr. Fine plays “tit for tat” when Dr. Feelgood plays “always
charge the low price.”
FIRST Period
Payoffs
SECOND Period
Payoffs
TOTAL Payoffs
Charges
(high or low)
Charges
(high or low)
Fine
Fine

16. Feelgood
Feelgood
d. Dr. Fine plays “tit for tat” when Dr. Feelgood also plays “tit
for tat.”
FIRST Period
Payoffs
SECOND Period
Payoffs
TOTAL Payoffs
Charges
(high or low)
Charges
(high or low)
Fine
Fine
Feelgood

17. Feelgood
2. “In the long run, there is no difference between monopolistic
competition and perfect competition.”
Discuss whether this statement is true, false or ambiguous with
respect to each of the criteria listed under a, b, c, and d. Justify
your answers.
a. The price charged to consumers
b. The average total cost of production
c. The efficiency of the market outcome
d. The typical firm’s profit in the long run
---------------------
References:
Microeconomics: Unit 8 Assignment: Game Theory and Perfect
Competition and monopolistic competition in the Long run
Content (15 points)
Points Possible
Points Earned
Game TheoryCorrectly calculated the non-cooperative Nash
equilibrium for one-shot game.
3
Two-shot game with two strategies: “always charge the low
price” or “tit for tat”.
Find payoffs to Dr. Fine when:
· Dr. Fine plays “always charge the low price” when Dr.
Feelgood also plays “always charge the low price.” (a)
· Dr. Fine plays “always charge the low price” when Dr.

18. Feelgood plays “tit for tat.”
· Dr. Fine plays “tit for tat” when Dr. Feelgood plays “always
charge the low price.”
· Dr. Fine plays “tit for tat” when Dr. Feelgood also plays “tit
for tat.”
4
Considering the following statement: “In the long run, there is
no difference between monopolistic competition and perfect
competition.” discussed whether the following would be
determined to be true, false, or ambiguous (justify your
answers):
· The price charged to consumers
· The average total cost of production
· The efficiency of the market outcome
· The typical firm’s profit in the long run
8
Analysis (6 points)
Work demonstrates synthesis of concepts, research, and
experience
2
Work demonstrates the student’s ability to tie relevant
information to real-life applications.
2
Analysis exceeds basic comprehension to demonstrate higher-

19. order thinking.
2
Writing (4 points)
Correct use of APA 6th edition format, all sources used to
support the paper are referenced
2
Sentences are clear, concise, and direct; tone is appropriate,
spelling, grammar, and punctuation are correct.
2
Total
25
Unit 7
[Microeconomics]Unit 7 Assignment: Perfect Competition and
the Supply Curve
Name:
-
Course Number:
-
Section Number:
-
Unit Number:
- 7
Date:

20. -
Problem 1
Joe Brown’s dairy operates in a perfectly competitive
marketplace. Joe’s machinery costs $500 per day and is the only
fixed input. His variable costs are comprised of the wages paid
to the few workers he employs at the dairy and the grain he
feeds to his dairy cows.
The variable cost associated with each level of output is given
in the accompanying table.
Gallons of Milk
Variable Cost
0
-
1000
$ 2,100
2000
$ 2,200
3000
$ 2,900

21. 4000
$ 3,680
5000
$ 5,180
a. Calculate the total cost, the marginal cost per unit, the
average variable cost, and the average total cost, for each
quantity of output.
Gallons
of Milk
FC
VC
TC
MC
AVC
ATC
0
$500
-
-
-
-
1000
500
$ 2,100
2000
500
$ 2,200

22. 3000
500
$ 2,900
4000
500
$ 3,680
5000
500
$ 5,180
b. What is the break-even price?
c. What is the shut-down price?
d. Suppose that the price at which Joe can sell milk is $1.50 per
gallon. In the short run, will Joe earn a profit?
e. In the short run, should he produce or shut down?
f. Now suppose that the price at which Joe can milk is $1.00 per
gallon. In the short run, will Joe earn a profit?
g. In the short run, should he produce or shut down?
h. Finally, Suppose that the price at which Joe can sell milk is
$0.75 per gallon. In the short run, will Joe earn a profit?
i. In the short run, should he produce or shut down?

23. Problem 2
Suppose that Media Cable is a single-price monopolist in the
market for cable in Anywhere, Iowa. Media has five potential
customers: Morgan, Larry, Clyda, Janet, and Tom.
Each of these customers are willing to purchase cable service,
but only if the price is just equal to, or lower than, his or her
willingness to pay. Morgan’s willingness to pay is $130;
Larry’s, $100; Clyda’s, $80; Janet’s, $40; and Tom’s, $0.
Media Cable’s marginal cost per cable package is $40. The
demand schedule for cable service packages is shown in the
accompanying table.
Price of Cable Service
Quantity of Cable Service Demanded
160
0
130
1
100
2
80
3
40
4
0
5
a. Calculate Media Cable’s total revenue and its marginal
revenue
Price of
Cable Service
Qty of Cable

24. Service demanded
Total Revenue
Marginal Revenue
$160
0
-
130
1
100
2
80
3
40
4
0
5
b. Explain why a monopolist, such as Media Cable, faces a
downward-sloping demand curve
c. Explain why the marginal revenue from an additional sale is
less than the price of the service
d. Suppose Media Cable currently charges $80 for its service.
If it lowered the price to $40, how large is the price effect?
e. How large is the quantity effect?
f. What is the profit maximizing quantity and price for Media

25. Cable?
---------------------
References:
Microeconomics: Unit 7 Assignment: Perfect Competition and
Monopoly
Content (15 points)
Points Possible
Points Earned
Problem 1: Perfect Competition Joe Brown’s Diary
For each quantity of output: (a)
· Correctly calculated total costs.
· Correctly calculated marginal cost per unit.
· Correctly calculated average variable cost.
· Correctly calculated average total cost.
2
· Correctly calculated the break-even price. (b)
· Correctly calculated the shutdown price. (c)
1
· Discussed if a profit can be earned at $1.50 per gallon. (d)
· Discussed if Joe should produce or shut down if the price per
gallon is $1.50. (e)
2
· Discussed if a profit can be earned at $1.00 per gallon. (f)

26. · Discussed if Joe should produce or shut down if the price per
gallon is $1.00. (g)
2
· Discussed if a profit can be earned at $0.75 per gallon. (h)
· Discussed if Joe should produce or shut down if the price per
gallon is $0.75. (i)
2
Problem 2: Monopoly Media Cable Company
· Correctly calculated the total revenue and the marginal
revenue. (a)
· Explained downward slopping monopolist demand curve. (b)
· Explained why the marginal revenue from an additional sell is
less than the price of the service. (c)
· Correctly calculated the price effect. (d)
· Correctly calculated the quantity effect. (e)
· Correctly calculated profit maximizing quantity and price. (f)
6
Analysis (6 points)
Work demonstrates synthesis of concepts, research, and
experience.
2
Work demonstrates the student’s ability to tie relevant

27. information to real-life applications.
2
Analysis exceeds basic comprehension to demonstrate higher-
order thinking.
2
Writing (4 points)
Correct use of APA 6th edition format, all sources used to
support the paper are referenced
2
Sentences are clear, concise, and direct; tone is appropriate,
spelling, grammar, and punctuation are correct.
2
Total
25