Multiple Choice
Two firms, Acme and FirmCo, have access to five production processes, each of which has a different cost and gives off a different amount of pollution. The daily costs of the processes and the corresponding number of tons of smoke emitted are shown in the table below.
If pollution is unregulated, the two firms will produce using process ________, and a total of ________ tons of smoke will be emitted each day.
A) C; 12
B) D; 4
C) B; 16
D) A; 20
Correct Answer:

Verified
Correct Answer:
Verified
Q161: Suppose there are three power-generating plants, each
Q162: When one's performance is judged relative to
Q163: If the government wants to increase economic
Q164: A village has five residents, each
Q165: Refer to the figure below. The socially
Q167: A positional externality:<br>A)only occurs in sports.<br>B)arises in
Q168: Suppose there are three power-generating plants, each
Q169: Suppose that a vaccine is developed for
Q170: Suppose Erie Textiles can dispose of its
Q171: Consider two restaurants located next door