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Refer to table below. Emissions (tons/month) 10 9 Marginal Abatement Cost 0 15 8 30 7 50 65 70 100 4 120 3 150
Refer to table below. Emissions (tons/month) 10 9 Marginal Abatement Cost 0 15 8 30 7 50 65 70 100 4 120 3 150 2 185 1 230 0 290 If the firm above faced an emissions tax of $150 per ton/month, at what level of emissions does the firm minimize total abatement cost?
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Environmental Economics
Authors: Barry Field, Martha K Field
7th Edition
9780078021893
