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The following table shows the marginal costs for each of four firms (A, B, C, and D) to eliminate units of pollution from the production

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The following table shows the marginal costs for each of four firms (A, B, C, and D) to eliminate units of pollution from the production processes. For example, for Firm A to eliminate one unit of pollution, it would cost $54, and for Firm A to eliminate a second unit of pollution it would cost an additional $67. Firme Unit to be eliminated, A Be Ce De First unite 54 574 540 624 Second unite 6743 68 66 734 Third unit 82 86 824 91 Fourth unite 107 108 107 1114 Refer to the Table. Suppose the government wants to reduce pollution from 16 units to 8 units and auctions off 8 pollution permits to achieve this goal. Which of the following is a likely auction price of the permits? A $69 $81 $83 $97 B C D

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