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Business, 03.12.2021 04:00 trillsmith

Fifth policy: assume the government hands out firms A, B and C two permits each for free, but these permits can be traded after they are handed out. Of course, for each permit a firm sells it has to decrease its pollution by one more ton, but if a firm buys an additional permit then it does not have to decrease its pollution by one ton. What will most likely happen in the market for permits

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Fifth policy: assume the government hands out firms A, B and C two permits each for free, but these...
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