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    Exam 4: Conventional Solutions to Environmental Problems: Command-And-Control Approach
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    If the MACs for Firm 1 and 2 Are: MAC<sub>1</sub>
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If the MACs for Firm 1 and 2 Are: MAC1

Question 37

Question 37

True/False

If the MACs for firm 1 and 2 are: MAC1 = 0.4A1 and MAC2 = 0.8A2, respectively, and the combined abatement standard is 15 units, then the cost-effective abatement levels are 10 units for firm 1 and 5 units for firm 2.

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