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Refer to the Data Provided in Table 16 -Refer to Table 16

question 57

Multiple Choice

Refer to the data provided in Table 16.3 below to answer the following question(s) .
Table 16.3 shows the situation facing two firms, both of which are polluting. Assume that each firm emits 5 units of pollution.
Table 16.3
 Firm A  Firm A  Firm A  Firm B  Firm B  Firm B  Reduction of  Pollution by  Firm A MC of  reducing  pollution for  Firm A TC of  reducing  pollution for  Firm A  Reduction of  Pollution by  Firm B MC of  reducing  pollution for  Firm B TC of  reducing  pollution for  Firm B 1$8$81$16$162122022440318383327242664440112536100548160\begin{array} { | c | c | c | c | c | c | } \hline \text { Firm A } & \text { Firm A } & \text { Firm A } & \text { Firm B } & \text { Firm B } & \text { Firm B } \\\hline \begin{array} { c } \text { Reduction of } \\\text { Pollution by } \\\text { Firm A }\end{array} & \begin{array} { c } M C \text { of } \\\text { reducing } \\\text { pollution for } \\\text { Firm A }\end{array} & \begin{array} { c } T C \text { of } \\\text { reducing } \\\text { pollution for } \\\text { Firm A }\end{array} & \begin{array} { c } \text { Reduction of } \\\text { Pollution by } \\\text { Firm B }\end{array} & \begin{array} { c } M C \text { of } \\\text { reducing } \\\text { pollution for } \\\text { Firm B }\end{array} & \begin{array} { c } T C \text { of } \\\text { reducing } \\\text { pollution for } \\\text { Firm B }\end{array} \\\hline 1 & \$ 8 & \$ 8 & 1 & \$ 16 & \$ 16 \\\hline 2 & 12 & 20 & 2 & 24 & 40 \\\hline 3 & 18 & 38 & 3 & 32 & 72 \\\hline 4 & 26 & 64 & 4 & 40 & 112 \\\hline 5 & 36 & 100 & 5 & 48 & 160 \\\hline\end{array}
-Refer to Table 16.3. Suppose the government wants to reduce the total amount of pollution from the current level of 10 to 4. To do this, the government caps each firm's emissions at 2 units and issues 2 permits to each firm. If firms are not allowed to trade permits, what is the total cost of the pollution reduction?


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Sexual Assault

An act in which someone intentionally sexually touches another person without that person's consent, or coerces or physically forces a person to engage in a sexual act against their will.

Reassuring Voice

A reassuring voice is calm and soothing speech used to comfort or encourage someone, often used in healthcare settings to ease patients' anxieties.

Sexual Assault

An act of forcing unwanted sexual activity or behavior on another person without their consent.

STIs

Sexually Transmitted Infections, infectious diseases passed from one person to another through sexual contact.

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