Recall the Application about how to wash carbon out of the air to answer the following question(s).Recall the Application. Assume a firm that produces CO2 has a marginal cost of abatement of $90 per ton and faces a carbon tax of $70 per ton. If the cost of carbon washing is $50 per ton, the firm could save ________ per ton and emit ________ carbon into the atmosphere by using a carbon washing machine.
A. $40; less
B. $40; more
C. $20; less
D. $20; more
Answer: C
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