What is the marginal cost of pollution


The cost of pollution (in billions of dollars) originating in the paper industry is

Cp = 2P + P^2

where P is the quantity of pollutants emitted (in thousands of tons). The cost of pollution control (in billions of dollars) for this industry is

Cc = 5 - 3P

A) What is the optimal level of pollution?
B) At this level of pollution, what is the marginal cost of pollution?
C) At this level of pollution, what is the marginal cost of pollution control?

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: What is the marginal cost of pollution
Reference No:- TGS051923

Expected delivery within 24 Hours