If MSC = 20 + 0.75A, where MSC is in millions of dollars, and A is the percentage of mercury emissions abatement, then
a. marginal social cost is $7.5 million when 10 percent of mercury emissions are abated
b. the MSC function graphs with a horizontal intercept of 20
c. MSC equals $35 million if 20 percent of mercury is abated
d. TSC must be declining with higher abatement levels
c. MSC equals $35 million if 20 percent of mercury is abated
Economics
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