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  3. Study Set
    Environmental Economics Study Set 3
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    Exam 12: Incentive-Based Strategies: Emission Charges and Subsidies
  5. Question
    Refer to Table 1
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Refer to Table 1

Question 28

Question 28

Multiple Choice

Refer to Table 1. If the firms above faced an emissions tax of $12, what level of total abatement costs would be expended?


A) 33
B) 57
C) $36 in abatement costs and $36 in taxes
D) $21 in abatement costs and $36 in taxes

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