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1.Consider an industry with three firms. Firm 1's marginal cost of abatement (MCA)=10-E 1 , where E is the tons of pollution emitted.Firm 2's MCA=30-2E
1.Consider an industry with three firms. Firm 1's marginal cost of abatement (MCA)=10-E1, where E is the tons of pollution emitted.Firm 2's MCA=30-2E2.Firm 3's MCA=30-E3.
What would the abatement be?
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