Costs and Benefits for Control of Nitrogen Oxide Emissions ($mil)TotalMarginalTotal Cost Benefit Marginal Benefit% NOXabatement(TC)(TB)Cost (MC)(MB)Marginal Net Benefit Total Net Benefit10504008.00201107807.093018011306.284032014404.505059017102.906093018201.9670142018901.3380202019100.9590286019150.67100387019170.50

Answer: The following formulas will be used to fill the given table: Marginal Benefit=Change in…

Costs and Benefits for Control of Nitrogen Oxide Emissions ($mil) Total Marginal % NOX Total Cost Benefit Marginal Benefit abatement (TC) (тв) Cost (MC) (MB) Marginal Net Benefit Total Net Benef 10 50 400 8.00 20 110 780 7.09 30 180 1130 6.28 40 320 1440 4.50 50 590 1710 2.90 60 930 1820 1.96 70 1420 1890 1.33 80 2020 1910 0.95 90 2860 1915 0.67

Costs and Benefits for Control of Nitrogen Oxide Emissions ($mil) Total Marginal % NOX Total Cost Benefit Marginal Benefit abatement (TC) (тв) Cost (MC) (MB) Marginal Net Benefit Total Net Benef 10 50 400 8.00 20 110 780 7.09 30 180 1130 6.28 40 320 1440 4.50 50 590 1710 2.90 60 930 1820 1.96 70 1420 1890 1.33 80 2020 1910 0.95 90 2860 1915 0.67

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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