Business, 23.06.2021 01:40 asanjog2755
Acme and US Electric run coal-burning power plants. Each company emits 40 tons of sulfur dioxide (SO2) per month with the total emissions being equal to 80 tons/month. Assume that the cost of reducing emissions is $80/ton for Acme and $160/ton for US Electric. Now suppose the goal of the policymakers is to reduce the SO2 emissions by 25%, to 60 tons/month and they enact a regulation policy requiring each firm to cut its emissions by 25% (10 tons each). Compute the cost of achieving the goal with this policy for Acme and US Electric.
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Acme and US Electric run coal-burning power plants. Each company emits 40 tons of sulfur dioxide (SO...
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