Refer to the figure above.The firm is facing an emissions charge of t and an abatement cost curve of MAC1. If the firm is able to lower its abatement...

Refer to the figure above. The firm is facing an emissions charge of t and an abatement cost curve of MAC1. If the firm is able to lower its abatement cost curve to MAC2, it will

Select one:

a. emit at level e1 and save (d+e)

b. emit at level e1 and save (d)

c. emit at level e2 and save (c+d)

d. emit at level e1 and save (d+e)d. 9