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Author Question: Using a cap-and-trade policy and issuing marketable permits to firms that produce a product with ... (Read 121 times)

stock

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on: May 24, 2019
Using a cap-and-trade policy and issuing marketable permits to firms that produce a product with external costs will give the firms the incentive to
◦ declare bankruptcy.
◦ buy and sell the permits amongst themselves.
◦ escape the problem completely.
◦ quit producing the output.
◦ increase the external cost because they no longer need to deal with the externality.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by stock on May 24, 2019

bimper21

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Reply #1 on: May 24, 2019
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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stock

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

mcarey591

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Reply 3 on: Yesterday
Excellent

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