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The Figure Below Shows the Marginal Pollution Abatement Cost Curves

Question 50

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. Suppose the government allocates 30 pollution permits to each company and the price of each permit is $1,500. Company ________will earn ________. by selling permits A) X; $1,000 B) X; $15,000 C) Y; $10,000 D) Y; $1,500
-Refer to the figure above. Suppose the government allocates 30 pollution permits to each company and the price of each permit is $1,500. Company ________will earn ________. by selling permits


A) X; $1,000
B) X; $15,000
C) Y; $10,000
D) Y; $1,500

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