Four companies, Alpha, Beta, Gamma and Delta, are burning coal to produce electr

Question

Four companies, Alpha, Beta, Gamma and Delta, are burning coal to produce electricity. As a result, they also produce emissions. The first row of the table below shows the total pounds of emissions currently produced by each firm. The other rows of the table show the cost for each firm of reducing emissions by the first 50 tons, the second 50 tons, and so on. The government wants to reduce emissions by one third, and does so by issuing marketable permits based on the current level of emissions where the permits will shrink the allowable amount of pollution by one third.

Alpha

Beta

Gamma

Delta

Current production of emissions in tons

150

300

450

600

Cost of reducing emissions by first 50 tons

$20

$6

$25

$7

Cost of reducing emissions by second 50 tons

$25

$12

$31

$8

Cost of reducing emissions by third 50 tons

$30

$18

$39

$9

Cost of reducing emissions by fourth 50 tons

(no emissions left)

$24

$49

$10

Cost of reducing emissions by fifth 50 tons

(no emissions left)

$30

$51

$11

Alpha will reduce emissions by ____ tons, Beta will reduce emissions by ____ tons, Gamma will reduce emissions by ____ tons, Delta will reduce emissions by ____ tons, for a total cost of ____.

Alpha

Beta

Gamma

Delta

Current production of emissions in tons

150

300

450

600

Cost of reducing emissions by first 50 tons

$20

$6

$25

$7

Cost of reducing emissions by second 50 tons

$25

$12

$31

$8

Cost of reducing emissions by third 50 tons

$30

$18

$39

$9

Cost of reducing emissions by fourth 50 tons

(no emissions left)

$24

$49

$10

Cost of reducing emissions by fifth 50 tons

(no emissions left)

$30

$51

$11

Explanation / Answer

2nd option is the only correct option

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