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Business, 12.12.2019 23:31 naomicervero

Suppose the government wants to reduce the total pollution emitted by three local firms. currently, each firm is creating 4 units of pollution in the area, for a total of 12 pollution units. if the government wants to reduce total pollution in the area to 6 units, it can choose between the following two methods: available methods to reduce pollution1. the government sets pollution standards using regulation.2. the government allocates tradable pollution permits.

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Suppose the government wants to reduce the total pollution emitted by three local firms. currently,...
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