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sinerus sinerus
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7 years ago
Suppose Jones' company and Smith's company both pollute. Under a system of marketable pollution permits, which of the following must be true in order for Smith and Jones to benefit from trading the right to pollute?
A) Smith and Jones must have a social conscience and must be devoted to pollution abatement.
B) The government must direct Smith and Jones toward beneficial trades.
C) Smith and Jones must have different abatement costs.
D) Smith and Jones must be able to reduce pollution at exactly the same cost.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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7 years ago
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sinerus Author
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7 years ago
Smart ... Thanks!
sakoon
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This site is awesome
vanna2014
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2 hours ago
Thanks
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