The city has a campground whose visitors use the river for recreation. The city

Question

The city has a campground whose visitors use the river for recreation. The city also has a tannery that dumps industrial waste into the river. This pollutes the river and makes it a less desirable vacation destination. That is, the tannery's waste invoives recycling water: This would reduce the polution in the river to levels Suppose that the tannery could Ice a different production method that safe for recreation, and the campground would no longer be affected. If the tannery uses the recycling method, then the tannery's economic profit is $2,000 per week, and the campground's economic profit is $2,900 per week. If the tannery does not use the recycling method, then the tannery's economic profit is $2,700 per week, and the campground's economic profit is $1,900 per week. These figures are summarized in the following table. Complete the following table by computing the total profit (the tannery's economic profit and the campground's economic profit combined) with and without recycling.

Explanation / Answer

Total economic profit is highest when recycling production method is DONE.

THe tannery will NOT DO recycling method and will pay the campground $1000 per week.

The tannery will DO recycling method and the campground will pay the tannery $700 per week.

The compground will make most economic profit when recycling method is done.

The answer is TRUE.

Because tannery has a profit when he do recycling method because if he dont do recycling, the he has to pay $1000 to campground and if he do recycling then he will be paid by campground by $700.

Action Total profit No recycling 4600 Recycling 4900

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