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5. A firm has 2 plants with different technology of pollution abatement. The marginal abatement cost functions are given as follows; - Plant 1: MAC

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5. A firm has 2 plants with different technology of pollution abatement. The marginal abatement cost functions are given as follows; - Plant 1: MAC - 50 + 2Q - Plant 2: MAC - 20 + 3Q How to allocate pollution abatement between the 2 plants to minimize total cost of reducing 40 units of emission? What is the minimum total abatement cost? Calculate and draw graphs to illustrate your answers

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