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(Table: Pollution from Firms) Suppose That Each Firm Is Emitting

Question 59

Multiple Choice

(Table: Pollution from Firms) Suppose that each firm is emitting 10 units of pollution, for a total of 20 units. The government would like to decrease total pollution to 10 units by giving each firm five tradable pollution permits. (Table: Pollution from Firms) Suppose that each firm is emitting 10 units of pollution, for a total of 20 units. The government would like to decrease total pollution to 10 units by giving each firm five tradable pollution permits. The pollution permits will sell at a price of $____. A) 70 B) 75 C) 80 D) 85 The pollution permits will sell at a price of $____.


A) 70
B) 75
C) 80
D) 85

Correct Answer:

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