Table 16.1 -Producers X and Y Dump Waste into a Local River.Table

question 88

Multiple Choice

Table 16.1
-Producers X and Y dump waste into a local river.Table 16.1 shows the production costs each firm faces at different levels of waste.For Producer X,the marginal cost of reducing waste from 500 gallons to 400 gallons is

• A) $1,400.
• B) $300.
• C) $240.
• D) $200.

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