A sunk cost is an irretrievable cost. A sunk cost is incurred in the past and cannot be changed. MOTIVATING RECYCLING: A MARGINAL COST ANALYSIS MOTIVATING RECYCLING: A MARGINAL COST ANALYSIS Judge, REBECCA; Becker, ANTHONY 1993-07-01 00:00:00 I. The marginal cost of recycling curve, MCR, in Figure 18.8 is best read from right to left Thus, when there is 12 pounds of disposed material, there is no recycling and the marginal cost is zero.
C) marginal cost of scrap disposal to the marginal cost of recycling. D) marginal private cost of disposal to the marginal cost of recycling. Suppose the marginal abatement costs of a firm before a given technological improvement equal MACI and MAC2 is the marginal abatement cost curve the firm could expect to have after investing resources in R&D to develop better treatment or recycling technology. INTRODUCTION As landfill space becomes increasingly scarce, many solid waste management areas (SWMA) have turned to recycling programs as a means of diverting waste from landfills.
Once spent, the sunk cost cannot be recovered when the firm leaves the industry.
A non-sunk cost is a cost that will only occur if a particular decision is made. A SWMA is … E) per-unit refund from recycled materials to the marginal benefit from not using virgin materials.
q (tons) 1000 | 1500 | 2000 | 2500 | 3000 | 3500 c(q) (dollars) 2500 | 3400 | 3810 | 3920 | 3985 | 4485 Estimate the marginal cost at q = 2000. However, the cost of collecting and sorting these recycled materials plus interest payments on the recycling facility costs the county over $3 million (Black 1006). T/F.
B) marginal cost of recycling to the marginal benefit from not using virgin materials. As the amount of disposal decreases, the amount of recycling increases, and the marginal cost of recycling increases. T/F.
Recycling is not an economic problem because there is only so much land on Earth.
With the time, money, and energy spent collecting and processing recycled goods, the price of recycling is much higher than discarding waste into landfills or incinerators. F. Recycling is an economic problem because the land is substantially damaged by the creation of garbage dumps. The cost to acquire recycling facilities has not been considered, as this is expected to be marginal.
Examples of sunk costs… The marginal cost is _____ dollars/ton I have it interpreted in terms of cost but I just don't understand how to estimate it. et al., 2008) the marginal cost of recycling was $80 per ton while in analysis of Bohm et al. F.