) Assume that your firm is emitting 4,000 tons of SO2 currently.

) Assume that your firm is emitting 4,000 tons of SO2 currently. Assume that your Marginal Abatement Cost is MAC = 8,000 – 2E

At a permit price of $3,200, and with an initial 1,480 permits, calculate the following, SHOWING YOUR WORK: PLS SHOW THE WORKING! PLS SHOW THE WORKING! THANKS

Your firm’s initial emissions:

Your firm’s final emissions:

Tons your firm abates:

Permits you bought:

Permits you sold:

Revenue from permits sold:

Cost of permits bought:

Cost of abatement:

Total net cost to your firm: