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The Equimarginal Principle States That in Order to Get the Greatest

Question 28

Multiple Choice

The equimarginal principle states that in order to get the greatest reductions in _______emissions for a given _________ abatement cost, all firms should emit at a point that offers the same marginal abatement cost for each firm.


A) total; total
B) marginal; marginal
C) total; marginal
D) marginal; total

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