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02 Question 2 points) There are two factories in 2 small town. Both of them emit carbon dioxide into the air. Their current monthly emissions,
02 Question 2 points) There are two factories in 2 small town. Both of them emit carbon dioxide into the air. Their current monthly emissions, as well as their total costs for reducing emissions in 20-ton increments, zre listed in the tables below. 5th attempt 4th attempt Feedback Factory 1 Current emissions (tons/month) Total cost of reducing emissions by 20 tons/month Tatal cost of reducing emissions by 40 tons/maonth 150 Total cost of reducing emissions by 80 tons/month 370 Total cost of reducing emissions by 30 tons/month ta10 Total cost of reducing emissions by 100 tons/month 570 Factory 2 Current emissions (tons/month) 160 Tatal cost of reducing emissions by 20 tons/manth Total cost of reducing emissions by 40 tons/month Total cost of reducing emissions by 80 tons/month 110 Total cost of reducing emissions by 30 tons/month 200 Total cost of reducing emissions by 100 tons/month a0 300 B See pag= 670 i} SeeHint Aszsume that the existing technology does not allow for reductions in emissions beyond 100 tons/manth. That is, the most each factory can reduce its emissions is 100 tons/month. Also assume that if 2 factory owner iz indifferent betwesn reducing pollution or paying taxes, the factory owner will choose ta reduce pallution. WWith those assumptions in mind, suppose the government has a goal of reducing total monthly emissions by 80 tons. To achieve thiz goal, the government has decided to impose 3 tax on pollution. That is, for every 20-ton emission, 2 factory will have to pay some amount of money. To achieve (but not exceed) the desired reduction in emissions, the taxwill have ta be set equal to or 2bove 5 0 50 butbelow $ 110 per 20 tons/month
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