Table 10-5 The following table shows the marginal costs for each of four firms (A, B, C, and D) to eliminate units of pollution from their production processes. For example, for Firm A to eliminate one unit of pollution, it would cost $54, and for Firm A to eliminate a second unit of pollution it would cost an additional $67. Marginal Cost to Eliminate Firm (Dollars) First Unit Second Unit Third Unit Fourth Unit 54 67 82 107 57 68 86 108 54 66 82 107 D 62 73 91 11 Refer to Table 10-5. If the government wanted to eliminate exactly 7 units of pollution, which of the following fees per unit of pollution would achieve that goal? S85 $87 er $71 $74 AB

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Table 10-5
The following table shows the marginal costs for each of four firms (A, B, C, and D) to eliminate units
of pollution from their production processes. For example, for Firm A to eliminate one unit of
pollution, it would cost $54, and for Firm A to eliminate a second unit of pollution it would cost an
additional $67.
Marginal Cost to Eliminate
Firm
(Dollars)
First Unit Second Unit Third Unit Fourth Unit
54
67
82
107
57
68
86
108
54
66
82
107
D
62
73
91
11
Refer to Table 10-5. If the government wanted to eliminate exactly 7 units of pollution, which of the
following fees per unit of pollution would achieve that goal?
S85
$87
er
$71
$74
AB
Transcribed Image Text:Table 10-5 The following table shows the marginal costs for each of four firms (A, B, C, and D) to eliminate units of pollution from their production processes. For example, for Firm A to eliminate one unit of pollution, it would cost $54, and for Firm A to eliminate a second unit of pollution it would cost an additional $67. Marginal Cost to Eliminate Firm (Dollars) First Unit Second Unit Third Unit Fourth Unit 54 67 82 107 57 68 86 108 54 66 82 107 D 62 73 91 11 Refer to Table 10-5. If the government wanted to eliminate exactly 7 units of pollution, which of the following fees per unit of pollution would achieve that goal? S85 $87 er $71 $74 AB
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