The figure below shows the marginal damage and marginal abatement cost curves for sulfur dioxide emissions in North Zulch.EPA officials have imposed an emissions tax of $100 per ton of sulfur dioxide.
With the $100 per ton emission tax enforced in North Zulch,residents of North Zulch incur total damages from sulfur dioxide emissions of $____________.
A) $2,000
B) $2,500
C) $3,000
D) $5,500
E) $6,000
Correct Answer:
Verified
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