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Question: marginal units of pesticide runoff abated marginal benefit of abatement...

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Marginal Units of Pesticide Runoff Abated Marginal Benefit of Abatement Marginal Cost of Abatement Farm A Cost of Abatement Farm B %20 $21 $23 $27 $31 %35 $38 $40 $45 $%55 $30 %90 $80 $75 $60 50 $40 $37 %35 %15 %10 $34 $37 $40 $45 $50 $55 $57 $%59 $65 2 3 4 5 6 7 8 10 uestion 14 The government proposes an emissions standard mandate for all farms to (uniformly) reduce pesticide runoff by 40% (Assume Farm A and Farm B both have total pesticide runoffs of 10 units.) A. What is the total benefit from this abatement policy? B. What is the total cost from this abatement policy?

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