If It Costs Con Ed Approximately $20 Per Additional Ton

If it costs Con Ed approximately $20 per additional ton of air pollution abated, but it costs PG&E only $10 per additional ton of air pollution abated and a marketable pollution permit trades for $14 per ton,

A) PG&E could gain by buying and Con Ed could gain by selling.
B) society would gain if PG&E would sell and Con Ed would buy.
C) both PG&E and Con Ed could gain by buying.
D) both PG&E and Con Ed could gain by selling.

Correct Answer:

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