The table describes an electric power industry made up of three firms. The numbers in the table
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The table describes an electric power industry made up of three firms. The numbers in the table show the marginal cost of reducing each ton of methane for each of the three firms. If the EPA requires each firm to reduce its daily emissions by 2 tons, the total cost of pollution reduction for the whole industry would be ________per day.
a. $425
b. $275
c. $2,425
d. $2,605
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Related Book For
Introduction To Economics Social Issues And Economic Thinking
ISBN: 9780470574782
1st Edition
Authors: Wendy A. Stock
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