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Title: An emissions tax (imposed on each unit of pollution produced) that is set too high to achieve ... Post by: ttools on Oct 16, 2022 An emissions tax (imposed on each unit of pollution produced) that is set too high to achieve allocative efficiency will cause
▸ too many resources to be devoted to pollution abatement and too little of the product to be produced. ▸ no change in the polluting firm's behaviour. ▸ new firms to enter the industry. ▸ too few resources to be devoted to pollution abatement and too much of the product to be produced. ▸ too few resources to be devoted to pollution abatement and too little of the product to be produced. Title: An emissions tax (imposed on each unit of pollution produced) that is set too high to achieve ... Post by: aliwchamoun on Oct 16, 2022 Content hidden
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