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Tax Policy: (Questions 10 - 13; 5 points total) A government regulator decides to levy a $50 tax on each unit of emissions in an

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Tax Policy: (Questions 10 - 13; 5 points total) A government regulator decides to levy a $50 tax on each unit of emissions in an industry. Use the graph below to answer questions 10 - 13. MACOLD MACNEW Tax=$50 400 800 1000 AbatementMACOLD MACNEW Tax=$50 400 800 1000 Abatement What are the firm's total abatement costs with the old technology (MACOLD)? Show your work for the calculation

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