1. Refer to the table below.Emissions(tons/month)106.MarginalAbatement Cost1530750701001201503185230290101a) The firm faces an emissions charge of $100 per ton/month. If the fim chooses to emit 0tons/month what is the firm's total cost?b) The firm faces an emissions charge of $100 per ton/month. At what level of emissionsdoes the firm minimize total abatement cost?c) The firm faces an emissions charge of $100 per ton/month. What is the firm's total costwith optimal choice?d) If the firm faced an emissions charge of $150 per ton/month, at what level of emissionsdoes the firm minimize total abatement cost?e) If a regulatory agency simply mandated that the firm could emit a maximum of 5tons/month and there were no emission charges, what would be the firm's total cost?f) If the firm faced an abatement subsidy of $100 per ton/month, what level of emissionswould a firm choose?g) If the firm faced an abatement subsidy of$100 per ton/month, what would be thedifference between total subsidy income and total abatement costs?

Hi! thanks for the question but as per the guidelines, we can answer up to three subparts at one…

1. Refer to the table below. Emissions Marginal Abatement Cost (tons/month)" 10 6. 15 8. 30 50 6. 70 100 4 120 150 185 1 230 290 0. a) The firm faces an emissions charge of $100 per ton month. If the fim chooses to emit 0 tons/month what is the firm's total cost? b) The firm faces an emissions charge of $100 per ton/month. At what level of emissions does the firm minimize total abatement cost? c) The firm faces an emissions charge of $100 per ton/month. What is the firm's total cost with optimal choice?

1. Refer to the table below. Emissions Marginal Abatement Cost (tons/month)" 10 6. 15 8. 30 50 6. 70 100 4 120 150 185 1 230 290 0. a) The firm faces an emissions charge of $100 per ton month. If the fim chooses to emit 0 tons/month what is the firm's total cost? b) The firm faces an emissions charge of $100 per ton/month. At what level of emissions does the firm minimize total abatement cost? c) The firm faces an emissions charge of $100 per ton/month. What is the firm's total cost with optimal choice?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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