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Author Question: If two firms have different abatement costs, in a system of marketable pollution permits: (Read 174 times)

fnuegbu

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on: Jul 21, 2019
If two firms have different abatement costs, in a system of marketable pollution permits:
◦ the firm with lower abatement costs will purchase permits from the firm with higher abatement costs.
◦ the firm with lower abatement costs will sell permits to the firm with higher abatement costs.
◦ voluntary exchange will occur, but it is impossible to determine which firm will be the seller and which will be the purchaser.
◦ no voluntary exchange that makes both firms better off is possible.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by fnuegbu on Jul 21, 2019

Danny Ewald

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Reply #1 on: Jul 21, 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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fnuegbu

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Reply 2 on: Jul 21, 2019
Wow, this really help

Viet Thy

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

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