Question: Suppose a public program is proposed to lower the total pollution emissions from 15 to 12 tonnes per month. The total benets of the program

Suppose a public program is proposed to lower the total pollution

Suppose a public program is proposed to lower the total pollution emissions from 15 to 12 tonnes per month. The total benets of the program are the total damages reduced [TB=TDR}. The total cost (TC) is measured by the total abatement cost [TAC]. 2 4 6 R In l2 I4 16 E5; 'lbnnes of pollution emissions Suppose also MD = 2E and MAC = 60 4E, where E emissions. 1. Find the total damages reduced. 2. Find the total cost of the program. 3. Find the net social benefits (=TBTC] of the program

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