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.FirmUnit to be eliminatedABCDFirst unit54575462Second unit67686673Third unit82868291Fourth unit107108107111 Refer to Table 5. If the government charged a fee of $84 per unit of pollution, how many units of pollution would the firms eliminate altogether?

If the government charged a fee of $84 per unit of pollution, firm will eliminate the pollution…

Answered: The following table shows the marginal…

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

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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.

Firm
Unit to be eliminated	A	B	C	D
First unit	54	57	54	62
Second unit	67	68	66	73
Third unit	82	86	82	91
Fourth unit	107	108	107	111

Refer to Table 5. If the government charged a fee of $84 per unit of pollution, how many units of pollution would the firms eliminate altogether?

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