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:

Prospective Buyers

Individuals or entities that are potential customers, showing interest in purchasing a company's products or services.

Customer Service

The ability of logistics management to satisfy users in terms of time, dependability, communication, and convenience.

Modes of Delivery

The various methods through which goods, services, or information are transported or delivered to the recipient.

Aggregating Prospective Buyers

The process of compiling and uniting potential customers into a single group or database for targeted marketing.