Warrenia has two regions. In Oliviland, the marginal benefit associated with pollution cleanup is MB = 300
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Warrenia has two regions. In Oliviland, the marginal benefit associated with pollution cleanup is MB = 300 − 10Q, while in Linneland, the marginal benefit associated with pollution cleanup is MB = 200 − 4Q. Suppose that the marginal cost of cleanup is constant at $120 per unit. What is the optimal level of pollution cleanup in each of the two regions?
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