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The Figure Below Shows the Marginal Pollution Abatement Cost Curves

Question 52

Multiple Choice

The figure below shows the marginal pollution abatement cost curves of two firms- Company X and Company Y.
The figure below shows the marginal pollution abatement cost curves of two firms- Company X and Company Y. -Refer to the figure above. Assume that firms are allowed to buy and sell permits. If the government allocates 30 pollution permits to each company and the price of each permit is $1,500, Company X will reduce its emission to ________. A) 5 tons B) 10 tons C) 15 tons D) 20 tons
-Refer to the figure above. Assume that firms are allowed to buy and sell permits. If the government allocates 30 pollution permits to each company and the price of each permit is $1,500, Company X will reduce its emission to ________.


A) 5 tons
B) 10 tons
C) 15 tons
D) 20 tons

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