This paper discusses mathematical calculations of the greenhouse gas emissions from small industries which cause the global warming in the atmosphere. Due to global warming the ocean levels are increasing, it is estimated that most of the coastal areas of the world will be submerged by 2050, and...

This paper discusses mathematical calculations of the greenhouse gas emissions from small industries, which cause global warming in the atmosphere. Global warming is causing an increase in ocean levels, it is estimated that most of the coastal areas of the world will be submerged by 2050,...

Considering Cobb-Douglas function in three variables as an explicit form of production function, in this paper an attempt has been made to maximize an output subject to a budget constraint, using Lagrange multipliers technique, as well as necessary and sufficient conditions for optimal value...

This paper shows that the optimal environmental tax should be less than the marginal environmental damages; since the presence of pre-existing distortionary taxes, increasing the welfare costs is associated with the overall tax code. The reduction of pollution causes the benefits of health by...