This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If two firms have different abatement costs, in a system of marketable pollution permits: (Read 175 times)

fnuegbu

  • Hero Member
  • *****
  • Posts: 539
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by fnuegbu on Jul 21, 2019

Danny Ewald

  • Sr. Member
  • ****
  • Posts: 332
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.
Answer Preview
Only 56% of students answer this correctly


fnuegbu

  • Member
  • Posts: 539
Reply 2 on: Jul 21, 2019
:D TYSM

raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

The central nervous system The central nervous system
Immune System Concept Map Immune System Concept Map
digestive system digestive system
Procedures and Diagnostic Tests Related to the Urinary System Procedures and Diagnostic Tests Related to the Urinary System
A point-type ignition system showing the distributor cam which opens the points A point-type ignition system showing the distributor cam which opens the points
Too Much Alcohol Costs You Good Nutrition Too Much Alcohol Costs You Good Nutrition
Video: Physiology of Asthma

For a complete list of videos, visit our video library