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2) Suppose there is a chemical factory located next to a farm. Air and water pollution from the factory damage crops on the farm. The
2) Suppose there is a chemical factory located next to a farm. Air and water pollution from the factory damage crops on the farm. The marginal benefits of emissions to the factory and the marginal costs from the emissions to the farmer's crops are as follows: Cost or Benefit ($) 360 MC 270 180 90 MB 450 900 Quantity of Pollution
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