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Ryanteck Ryanteck
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Posts: 559
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7 years ago
Refer to Table 16.3.  Suppose the government wants to reduce the total amount of pollution from the current level of 10 to 4.  To do this, the government caps each firm's emissions at 2 units and issues 2 permits to each firm.  If firms are allowed to trade permits, what is the total cost of the pollution reduction?
A) $0
B) $30
C) $52
D) $55
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Akshtsaklani21Akshtsaklani21
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7 years ago
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Ryanteck Author
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7 years ago
Thanks
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Yesterday
Good timing, thanks!
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2 hours ago
Helped a lot
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