Suppose that the costs and benefits of achieving water quality in New York are modeled as shown below. Use these relationships for any or all of questions .
MSB = 80 - 2A MSC = 20 + 2A
TSB = 80A - A2 TSC = 20A + A2,
where A is the abatement level for conventional pollutants.
-In this case, the abatement level associated with benefit-based standards would be:
A) 40
B) 15
C) 10
D) none of the above
Correct Answer:
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