Oxana is conducting research on the demand for cleaner air in Novosibersk. She notices that the Ministry of Housing built many identical dwellings around the city approximately the same distance from the center. The only difference is the average level of air pollution. She notes the following rental prices and air pollution levels for these dwellings:

Plot the relationship between pollution levels (on the horizontal axis) and rent (on the vertical axis). On a separate graph, plot the relationship between pollution levels (on the horizontal axis) and the marginal valuation of pollution implicit in the relationship between rents and pollution levels (on the vertical axis).

Transcribed Image Text:

Pollution level (g/m) Rent (R/month) 30 497 50 492 70 485 90 475 120 455 150 430 200 375 250 305 300 219