There is a manufacturing plant that emits 10 tonnes of carbon annually. If this manufacturer were to reduce their annual carbon emissions by 1 tonne it would cost (marginal cost) them $5 dollars, by 2 tonnes it would cost them $10, by 3 tonnes it would cost them $15 and 4 tonnes would cost them $20. If there is a carbon tax of $10 per tonne of carbon, how much would the manufacturer likely reduce their carbon emissions by?

There is a manufacturing plant that emits 10 tonnes of carbon annually. If this manufacturer were to reduce their annual carbon emissions by 1 tonne it would cost (marginal cost) them $5 dollars, by 2 tonnes it would cost them $10, by 3 tonnes it would cost them $15 and 4 tonnes would cost them $20. If there is a carbon tax of $10 per tonne of carbon, how much would the manufacturer likely reduce their carbon emissions by?

Aquaculture Science

3rd Edition

ISBN:9781133558347

Author:Parker

Publisher:Parker

Chapter3: Marketing Aquaculture

Section: Chapter Questions

Problem 1KA

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