MAC^A = 16 – E and MAC^B = 16 – E. The firms are being regulated to E^SE as the overall level of emissions produced.

MAC^A = 16 – E and MAC^B = 16 – E. The firms are being regulated to E^SE as the overall level of emissions produced. What is the difference between the least and most efficient distribution of emissions across the two firms? MD = 4 + E / 2. Please draw necessary graphs and show all calculations.

 
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