Suppose there are three power-generating plants, each of which has access to 5 different production processes. The table below summarizes the cost of each production process and the corresponding number of tons of smoke emitted each.
If pollution is unregulated, then total daily smoke emission will be ________ tons.
A)4
B)12
C)9

Question

Suppose there are three power-generating plants, each of which has access to 5 different production processes. The table below summarizes the cost of each production process and the corresponding number of tons of smoke emitted each.   
If pollution is unregulated, then total daily smoke emission will be ________ tons.
A)4 
B)12 
C)9

Quizplus · Accepted Answer

If there is no requirement to reduce pollution, all 3 firms will choose production process A (where costs are lowest), and each will emit 4 tons of smoke per day.

Suppose There Are Three Power-Generating Plants, Each of Which Has