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.
It would cost Firm X ________ to reduce emissions by one ton if it currently emits 3 tons, and ________ to reduce emissions by one ton if it currently emits 2 tons.
A)$14; $25
B)$14; $16
C)$16; $25
D)$30; $55

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.   
It would cost Firm X ________ to reduce emissions by one ton if it currently emits 3 tons, and ________ to reduce emissions by one ton if it currently emits 2 tons.
A)$14; $25 
B)$14; $16 
C)$16; $25 
D)$30; $55

Quizplus · Accepted Answer

If Firm X reduces emissions from 3 tons to 2 tons, its total cost increases from $514 to $530 (an increase of $16), and if it reduces emissions from 2 tons to 1 ton, its total cost increases from $530 to $555 (an increase of $25).

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