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Author Question: Cost and Benefits of PollutionThe graph shows the marginal cost of reducing pollution (MC) and the ... (Read 332 times)

joe3899

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Cost and Benefits of Pollution

The graph shows the marginal cost of reducing pollution (MC) and the marginal benefit of reducing pollution (MB).
 
Assume that P1=$15, P2=$90, P3=$150, P4=$225, P5=$240, Q1=170, Q2=335, and Q3=660.
What is the total cost of increasing reduction from Q1 to Q2? Total benefit? Net benefit?
Please round your final answer to two decimal places.
◦ $34,650.00, $24,750.00, $59,400
◦ $19,800.00, $30,937.50, $11,137.5
◦ $30,937.50, $19,800.00, $11,137.5
◦ $19,800.00, $34,650.00, $59,400


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Marked as best answer by joe3899 on Nov 23, 2022

Sophia0717

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joe3899

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Reply 2 on: Nov 23, 2022
Excellent


nothere

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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