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21. A country is currently creating 40 tons of toxic waste per year. The table below shows the total costs and total benefits of reducing

21. A country is currently creating 40 tons of toxic waste per year. The table below shows the total costs and total benefits of reducing the amount of toxic waste to various amounts.

Total Tons TC MC TB MB
40 tons Current -- Current --
30 tons $50 $1000
20 tons 150 1500
10 tons 500 1850
0 tons 1200 2000

Calculate the marginal cost and marginal benefit of reducing toxic waste in 10 ton increments. What level of toxic waste should the country reduce to? Why?

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