2. Assume that a society is composed of two polluters, with the marginal control costs of polluters A&B, respectively to be: MCCA=24XAMCCB=182XB where XA and XB represent the total amount of pollution coming from A&B, respectively. a. What is the unregulated level of pollution for each polluter? (Recall: a polluter, if unregulated, will pollute up to the point where the MCC of polluting equals 0 ) b. What would the total amount of emissions be for each polluter if a per-unit pollution tax of $4 were imposed? What would the total amount of emissions for each polluter for a tax of $6 ? a tax of $8? c. Suppose that instead of a tax, a marketable permit system were used. If the maximum number of permits were limited to 24 units of pollution, how much would each firm pollute? What would be the equilibrium price at which the permits would trade? 2. Assume that a society is composed of two polluters, with the marginal control costs of polluters A&B, respectively to be: MCCA=24XAMCCB=182XB where XA and XB represent the total amount of pollution coming from A&B, respectively. a. What is the unregulated level of pollution for each polluter? (Recall: a polluter, if unregulated, will pollute up to the point where the MCC of polluting equals 0 ) b. What would the total amount of emissions be for each polluter if a per-unit pollution tax of $4 were imposed? What would the total amount of emissions for each polluter for a tax of $6 ? a tax of $8? c. Suppose that instead of a tax, a marketable permit system were used. If the maximum number of permits were limited to 24 units of pollution, how much would each firm pollute? What would be the equilibrium price at which the permits would trade