If the recycling fee that producers pay increases by one unit, then the price of refurbished products rises by α/6, which is much less than the proportion that the price of new products increases by. In effect, the sales quantities of refurbished products increase in both the formal and ...
The village committee receives the rent paid by the operating companies, retains part of the funds for management expenses, and returns the remainder in the form of dividends and other benefits to the villagers. In 1995, a development zone was established, and a considerable part of the land ...