Table: Costs of Reducing Sulfur Dioxide Refer to the table. Which statement is FALSE?
A) Social costs increase if Industry Y emits 40 tons of sulfur dioxide and Industry X emits zero tons.
B) Industry Y would agree to reduce its emissions by 1 ton if Industry X paid it $301.
C) If Industry X decreases emissions by 1 ton and Industry Y increases emissions by 1 ton, the cost of reducing pollution rises by $100.
D) Industry X would be willing to reduce its emissions by 5 tons if Industry Y paid it at least $1,500.
Correct Answer:
Verified
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