Multiple Choice
Figure 5A
-Refer to Figure 5A. Which of the following is correct?
A) If the emission standard is set at 75, the total waste control cost for these two
firms would be represented by area K + L + M.
B) If the emission standard is set at 75, the total waste control cost for these two
firms would be represented by area K + L + N.
C) If the emission standard is set at 75, the total waste control costs of Firm 1 is area
K + L.
D) If the emission standard is set at 75, the total waste control costs of Firm 2 is area
K + L.
Correct Answer:
Verified
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