Marginal abatements costs ($/ton) Emissions (tons/week)…
Marginal abatements costs ($/ton) Emissions (tons/week) Firm 1 Firm 2 Firm 3 10 $0 $0 $0 9 4 1 1 8 8 2 2 7 12 4 3 6 16 6 4 5 20 8 5 4 24 12 6 3 28 20 7 2 36 24 8 1 46 28 9 0 58 36 10 Refer to the above Table. If the firms above faced an emissions tax of $8, what level of total emissions would occur?