TC TB 16 MG Current Current 12 MG 50 800 8 MG 150 1300 4 MG 500 1850 0 MG 1200 2000 A city currently emits 16 million gallons (MG) of raw sewage into a lake that is beside the city.  The above table shows the total costs (TC) in thousands of dollars of cleaning up the sewage to different levels, together with the total benefits (TB) of doing so.  Benefits include environmental, recreational, health, and industrial benefits. a.  Using the table, calculate the marginal cost and marginal benefits of reducing  sewage emissions for the city. b. What is the optimal level of sewage for the city?  How can you tell?

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