Question 6 chapter 12

The table below shows the marginal cost for three firms to clean up units of pollution. Marginal Cost ($) to clean... Firm 1 ton of pollution 2 tons of pollution 3 tons of pollution US Steel 130.00 595.00 715.00 Ford 320.00 795.00 1 105.00 Apple 1215.00 1400.00 1985.00 Suppose the government enacts a pollution charge of $1005.00 that firms must pay for every ton of pollution they do not clean in the first 3 tons. How much will each firm pay to clean their pollution? Cost for US Steel = $ 1440 Cost for Ford = $ 2120 Cost for Apple = $ Tax Revenue = $ Societal cost to clean = $ Submit answer Next item