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Author Question: Suppose a competitive market for tradable pollution permits is in equilibrium at p*, with the ... (Read 83 times)

yagurl

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on: Oct 12, 2022
Suppose a competitive market for tradable pollution permits is in equilibrium at p*, with the quantity of permits being set by government policy at Q*. If technological advances reduce the marginal cost of pollution abatement, then
◦ there will be no change in p* or Q*.
◦ the equilibrium price of permits will fall below p*.
◦ the equilibrium quantity of permits will fall below Q*.
◦ the equilibrium price of permits will rise above p*.
◦ the equilibrium quantity of permits will fall above Q*.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by yagurl on Oct 12, 2022

leilani49

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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yagurl

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

xthemafja

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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