If the MACs for Firm 1 and 2 Are: MAC₁

question 37

True/False

If the MACs for firm 1 and 2 are: MAC₁ = 0.4A₁ and MAC₂ = 0.8A₂, respectively, and the combined abatement standard is 15 units, then the cost-effective abatement levels are 10 units for firm 1 and 5 units for firm 2.

---

Definitions:

Largest Amount

The maximum or highest quantity or degree measured or recorded.

Amount Paid

The total sum of money transferred from one party to another in exchange for goods or services.

Total Row

A feature in spreadsheet software that automatically calculates and displays the sum, average, or other aggregates for a column of numerical data.

Join Line

The process or method of connecting two lines in drawing or vector graphics applications.