Refer to the Following Information to Answer the Following Questions

question 28

Multiple Choice

Refer to the following information to answer the following questions.
Two firms both emit a pollutant,and the government wants to reduce emissions of this pollutant.Each firm can choose to emit up to six units.As firms reduce emissions,there is a marginal cost per unit.This data is presented in the accompanying table.

-The government allocates three allowances to each firm,where each allowance allows one unit to be emitted.If both firms now emit three units each,the total cost of reducing emissions for Firm 1 is ________ and the total cost of reducing emissions for Firm 2 is ________.

• A) $30; $60
• B) $180; $360
• C) $120; $240
• D) $60; $120
• E) $30; $60.

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Definitions:

Sinusitis

Inflammation of the sinuses, typically causing symptoms like headache, facial pain, and nasal congestion.

Increased Respiratory Rate

A condition characterized by a higher than normal rate of breathing, which can be a symptom of various medical conditions or physical states.

26th Week of Pregnancy

Refers to approximately six months into the pregnancy, a stage where significant fetal development, including hearing, and increased movement, occurs.

Oxygen Demand

The amount of oxygen the body's tissues need to function optimally.