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Business, 12.03.2020 21:39 sarahjdeering

Choose the statement about ITQs that is correct. A. The major problem with ITQs is that they create a monopoly. B. When ITQs are used, no one has an incentive to cheat and exceed the quota. C. Fishers with low marginal cost sell ITQs to those with high marginal cost. D. The market price of a an ITQ equals the marginal social benefit minus the marginal social cost.

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