The figure below shows the marginal pollution abatement cost curves of two firms- Company X and Company Y.

-Refer to the figure above. Suppose the government allocates 30 pollution permits to each company and the price of each permit is $1,500. Company ________will earn ________. by selling permits
A) X; $1,000
B) X; $15,000
C) Y; $10,000
D) Y; $1,500
Correct Answer:
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Q41: The figure below shows the marginal pollution
Q42: The figure below shows the marginal pollution
Q43: The figure below shows the marginal pollution
Q44: The figure below shows the marginal pollution
Q45: The figure below shows the marginal pollution
Q47: The figure below shows the marginal pollution
Q48: The figure below shows the marginal pollution
Q49: The figure below shows the marginal pollution
Q50: The figure below shows the marginal pollution
Q51: The figure below shows the marginal pollution
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