YOUR TURN! GRADED Name or W # Question 1 (12 points) There are two polluting firms in Freshen City USA, a popular tourist destination, In the recent past, the pollution in Freshen City has become a public health emergency. The pollution is negatively impacting the health of residents and tourism revenues. The citizens want the City to regulate the amount of pollution produced by the two firms. Below is data on the benefits and costs of abatement of pollution in Freshen City Abatement Pollution MSB MAC = MSC Social Social Social NB $65 $60 45 $ 165 20 35 $240 Part 1: Complete the table above Part 2: Graph the MAC (MSC of abatement) and the MSB of abatement Part 3: Determine the optimal level of abatement, and hence pollution, in Freshen City USA. Recommendation: Scale x-axis in increments of ten units Scale y-axis in increments of five units Social Science (SS) Learning Outcome 1 Social Science (SS) Learning Outcome 2 Social Science (SS) Learning Outcome 3