QUESTION 16 - 'l POINT A tax on water pollution is proposed for four factories in a manufacturing town of 120,000 people. The Select Board estimates the tax will reduce pollution to such an extent that it will benet each resident by an equivalent of $500. The tax will also reduce profits to the town's four large factories by $3,000,000 each. How much should the town's citizens be willing to spend to ensure the passage of the tax? Provide your answer below: E n FEEDBACK C0 ntent attribution