Question: Suppose three production facilities are polluting a river. Each emits 10 units of pollution. Their marginal costs for reducing pollution are, respectively, MC1 = $3,

Suppose three production facilities are polluting a river. Each emits 10 units of pollution. Their marginal costs for reducing pollution are, respectively, MC1 = $3, MC2 = $4, and MC3 = $5. a.) How much reduction should be assigned to each rm, if the objective is to cut emissions in half in the most cost-efficient way? What would be the total cost of reducing emissions?

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