Question: Derive and plot the aggregate marginal abatement cost curve for the in- dustry for each of the following cases. Also plot the marginal abatement cost

Derive and plot the aggregate marginal abatement cost curve for the in- dustry for each of the following cases. Also plot the marginal abatement cost curves for each of the individual firms (either on the same picture, or a different picture).

Firm 1s MAC equals MAC1(e1) = 6 2e1, for e1 3. Firm 2s MAC equals MAC2(e2) = 6 e2, for e2 6. Firm 3 has a constant MAC of 4 and its total emissions in the absence of any abatement equals 4

What are the e values?

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