The cost of controlling emissions at a firm goes up rapidly as the amount of emissions reduced goes up. Here is a possible model:
Where q is the reduction in emissions (in pounds of pollutant per day) and C is the daily cost (in dollars) of this reduction. If a firm is currently reducing its emissions by 12 pounds each day, what is the marginal cost of reducing emissions even further
A) $3,600
B) $4,800
C) $9,300
D) $1,200
E) $2,400
Correct Answer:
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