Table 28.1Reduction in Emissions (in tons)MC to Reduce Emissions by Steel PlantMC to Reduce Emissions by Paper Plant1$400$20025002803600320Refer to Table 28.1. Suppose the government commands each firm to reduce its emissions by one ton each. What is the total cost?
A. $400.
B. $920.
C. $780.
D. $600.
Answer: D
Economics
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