Question: solve asap Question 1 (1 point) J Saved Use this information to answer the following 3 questions. The government introduces a TEPs system. There are

solve asap

Question 1 (1 point) J Saved Use this information to answer the following 3 questions. The government introduces a TEPs system. There are two firms with: MACA = 600 6 eA and MACB = 200 4 e3 where e is emissions in tonnes Question 2 (1 point) J Saved What is the market price of emissions? 6) $48 per tonne O $60 per tonne for firm A and $40 per tonne for firm B 0 $60 per tonne 0 Cannot calculate this without knowing the MD curve Question 3 (1 point) Saved What is the gain from trade in TEPs for firm B

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