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Please help me with how to draw the graph and find the pollution reduction costs Two power plants are currently emitting 8,000 tons of pollution

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Please help me with how to draw the graph and find the pollution reduction costs

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Two power plants are currently emitting 8,000 tons of pollution each (for a total of 16,000 tons) in City A. Marginal pollution reduction costs for Plant 1 are given by MCR1 = 0.02 01 and for Plant 2 by MCR; = 0.03 02, where Q represents the number of tons of pollution reduction. {1) Suppose a regulation is implemented that requires each plant to reduce its pollution by 5,000 tons. What will be each plant's pollution reduction costs? Hint: Draw two graphs (one for each firm), similar to Figure 8.4 on page 184. This is figure 8.4 Figure 8.4 I Pollution Tax Example Marginal Costl'l'ax Level Pollution Reduction (Tons)

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