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02 Question 2points) B See page 670 There are two factories in 2 small town. Both of them emit carbon dioxide into the air. Their
02 Question 2points) B See page 670 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, are listed in the tables below. Factory 1 Current emissions (tons/month) Total cost of reducing emissions by 20 tons/month 50 Total cost of reducing emissions by 40 tons/manth 150 Total cost of reducing emissions by 80 tons/month 270 Total cost of reducing emissions by 80 tons/maonth Total cost of reducing emissions by 100 tons/month 570 Factory 2 Current emissions (tons/month) Total cost of reducing emissions by 20 tons/month 220 Total cost of reducing emissions by 40 tons/maonth &0 Total cost of reducing emissions by 80 tons/month 110 Total cost of reducing emissions by 80 tons/maonth 200 Total cost of reducing emissions by 100 tons/maonth 300 4th attempt ) SeesHint Azsume that the existing technaology does not allow for reductions in emissions beyond 100 tons/maonth. That is, the most each factory can reduce its emissions is 100 tons/month. Also assume that if 2 factory owner is indifferent between reducing pallution ar paying taxes, the factory owner will choose to reduce pollution. With those assumptions in mind, suppose the government has 2 goal of reducing total monthby emissionz by 0 tons. To achieve thiz goal, the government has decided to impose a tax on pollution. That is, for every 20-ton emission, a factory will have to pay some amount of money. To achieve (but not exceed) the desired reduction in emissions, the taxwill have to be set equal to or zbove 3 50 but below $ (110 per 20 tons/month
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