Answer Happy

There are two factories in a small town. Both of them emit carbon dioxide into the air. Their current monthly emissions, as well as the total costs for reducing emissions in 20-ton increments, are listed in the tables below. Current emissions (tons/month) 120 $50 $150 Total cost of reducing emissions by 20 tons/month Total cost of reducing emissions by 40 tons/month Total cost of reducing emissions by 60 tons/month Total cost of reducing emissions by 80 tons/month Total cost of reducing emissions by 100 tons/month $270 $410 $570 Factory 1 Current emissions (tons/month) 160 $20 $60 $110 Total cost of reducing emissions by 20 tons/month Total cost of reducing emissions by 40 tons/month Total cost of reducing emissions by 60 tons/month Total cost of reducing emissions by 80 tons/month Total cost of reducing emissions by 100 tons/month $200 $300 Factory 2
Part 1 (1 point) Assume that the existing technology does not allow for reductions in emissions beyond 100 tons/month. That is, the most each factory could reduce its emissions is 100 tons/month. Suppose the government has a goal of reducing total monthly emissions by 140 tons per month. The lowest possible monthly cost at which Factory 1 and Factory 2 could collectively reduce emissions by this amount is $ Part 2 (1 point) True or false: In general, for any desired reduction in pollution, it would be socially optimal to require each factory to achieve the same number of reductions in pollutants. Choose one: O A. True. OB. False.