Note:-Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure. (Refer Table - Car Wash) Suppose the city enforces an environmental standard such that eachcompany is only allowed to emit 75 tons of pollution. What would be the total cost to the twocompanies of reducing pollution?Table Car WashCompany NameWash My Car NowConvenient Washa. $618.b. $119.c. $1449.50.d. $ 737.Pollution Level (tons)109178Marginal Cost (per ton)$3.50$6.00

The Marginal abatement cost is the cost of reducing pollution by one unit. Government tends to…

Answered: r Wash) Suppose the city enforces an…

r Wash) Suppose the city enforces an environmental standard such that each allowed to emit 75 tons of pollution. What would be the total cost to the two ucing pollution?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

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Answer completely.
You will get up vote for sure.

(Refer Table - Car Wash) Suppose the city enforces an environmental standard such that each
company is only allowed to emit 75 tons of pollution. What would be the total cost to the two
companies of reducing pollution?
Table Car Wash
Company Name
Wash My Car Now
Convenient Wash
a. $618.
b. $119.
c. $1449.50.
d. $ 737.
Pollution Level (tons)
109
178
Marginal Cost (per ton)
$3.50
$6.00

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