Refer to the following information to answer the questions that follow.
Two firms both emit a pollutant, and the government wants to reduce emissions of this pollutant. Each firm can choose to emit up to six units. As firms reduce emissions, there is a marginal cost per unit. This data is presented in the accompanying table.

-If emissions of this pollutant are NOT regulated,then the total emissions from the two firms equal ________ units.

Question

Refer to the following information to answer the questions that follow.
Two firms both emit a pollutant, and the government wants to reduce emissions of this pollutant. Each firm can choose to emit up to six units. As firms reduce emissions, there is a marginal cost per unit. This data is presented in the accompanying table.
 
-If emissions of this pollutant are NOT regulated,then the total emissions from the two firms equal ________ units.

Quizplus · Accepted Answer

If emissions are not regulated, each firm will emit at its maximum capacity. Assuming each firm emits 6 units, the total emissions from the two firms would be 12 units.

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