Suppose that you own a factory that emits smoke. The city of Hobart isdownwind of the factory and… 1 answer below »

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Suppose that you own a factory that emits smoke. The city of Hobart isdownwind of the factory and residents do not like the smoke emitted from your factory. The law states that your factory is allowed to emit unfiltered smoke only with permission ofHobart city council. The costs and benefits of filtering smoke from your production are reported in the table.

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