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Esther and Karin each own a polluting plant. Esther's plant has a marginal treatment cost = 5T ($5 for the 1st ton, 5(2)=$10 for the
Esther and Karin each own a polluting plant. Esther's plant has a marginal treatment cost = 5T ($5 for the 1st ton, 5(2)=$10 for the 2nd
ton ...) and Karin's plant =
8T ($8 for the 1st ton, 8(2)=$16 for the 2nd
ton ...).
Let's assume that the government plans to levy pollution emission fees
"Suppose the government plans to levy pollution emission fees to reduce total pollution by 20 tons. What
emission fees ($) will need to be collected to achieve the government's goal?
In the range of
a. 50 to 54.99
b. 55 to 59.99
c. 60 to 64.99
d. 65 to 69.99
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