Consider the diagram to the right, which displays the marginal cost and marginal benefit of water...

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Consider the diagram to the right, which displays the marginal cost and marginal benefit of water pollution abatement in a particular city. a. Suppose that a new technology for reducing water pollution generates a reduction in the marginal cost of pollution abatement at every degree of water cleanliness. Using the 3-point curved line drawing tool, add a new marginal cost curve for pollution abatement. Label it "MC₂. Carefully follow the instructions above, and only draw the required objects. Marginal Cost and Marginal Benefit of Abatement ($) 10- Marginal cost Marginal benefit 0 10 20 30 40 50 60 70 80 90 100 Degree of Cleanliness (%) Consider the diagram to the right, which displays the marginal cost and marginal benefit of water pollution abatement in a particular city. a. Suppose that a new technology for reducing water pollution generates a reduction in the marginal cost of pollution abatement at every degree of water cleanliness. Using the 3-point curved line drawing tool, add a new marginal cost curve for pollution abatement. Label it "MC₂. Carefully follow the instructions above, and only draw the required objects. Marginal Cost and Marginal Benefit of Abatement ($) 10- Marginal cost Marginal benefit 0 10 20 30 40 50 60 70 80 90 100 Degree of Cleanliness (%)

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