Refer to Table 1. If the firms above faced an emissions tax of $8, what level of total abatement costs would be expended?
A) $69
B) 24
C) $24 in abatement costs and $24 in taxes
D) $45 in abatement costs and $24 in taxes

Question

Quizplus · Accepted Answer

The Answer of Refer to Table 1. If the firms above faced an emissions tax of $8, what level of total abatement costs would be expended?
A) $69
B) 24
C) $24 in abatement costs and $24 in taxes
D) $45 in abatement costs and $24 in taxes