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If Marginal Damage =70+E, (where E is emissions measured in tons), and Marginal Abatement Costs=250-5E, the optimal level of tax will be $50/ton $100/ton $150/ton

  1. If Marginal Damage =70+E, (where E is emissions measured in tons), and Marginal Abatement Costs=250-5E, the optimal level of tax will be
    1. $50/ton
    2. $100/ton
    3. $150/ton
    4. $400/ton
    5. Cant be computed from the information given above

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