A factory benefits from discharging effluent q into a lake., Ask an Expert

Economics

A factory benefits from discharging effluent, q, into a lake. The marginal benefit function is given by 60-2q. The pollution causes damages to two nearby communities. The marginal damages to Community A are 1q. The marginal damages to community B are 2q.

What is the optimal level of pollution? What is the optimal level of pollution abatement?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9469574

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