Hi, I need help answering this question:

The marginal abatement cost functions for an industry with two sources of pollution are MACA = 1,200 - EA and MACB = 800 - 2E

1. Suppose the regulator wishes to reduce total industry emissions by 25% by implementing a uniform standard

- Find the level of emissions and the level of abatements at each source under the uniform standard

- Find the total compliance costs for the industry under the uniform standard. Is this a cost-effective allocation of the industry emission target?

1. Suppose the regulator wishes to reduce total industry emissions by 25% by implementing cost-effective, individual standard.

• Find the level of emissions and the level of abatements at each source under cost-effective, individual standard
• ) Find the total compliance costs for the industry under the individual standards. Is this a cost-effective allocation of the industry emission target