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tlc_71111 tlc_71111
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Posts: 507
5 years ago
The figure below represents the marginal cost of abatement for two firms. If firms are initially required to abate 3 units each, but they have the option of trading, Firm ________ would buy pollution rights so that it is required to abate less and Firm ________ would sell rights, requiring it to abate more.

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Introduction to Agricultural Economics

Introduction to Agricultural Economics


Edition: 7th
Authors:
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Do What Makes You Come Alive

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tlc_71111 Author
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5 years ago
Thanks
Do What Makes You Come Alive
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