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Refer to the Figure Above

Question 22

Multiple Choice

Refer to the figure above.Assume that a firm is facing MAC1 and an admissions standard of e2.What is the firm's reduction in compliance costs in obtaining the emission standard of e2 if the firm is successful in reducing abatement costs from MAC1 to MAC2?


A) a
B) (e+d+c)
C) (a+b+c+d)
D) (a+b)

Correct Answer:

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