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Table 9.7 -Table 9.7 Shows the Production Cost for Two Utilities at Utilities

Question 123

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Table 9.7 -Table 9.7 shows the production cost for two utilities at different levels of sulfur dioxide emissions. Assume that the government issued 8 marketable pollution permits to each firm. If the two firms were to voluntarily trade pollution permits, how many permits would be swapped? A) 1 B) 2 C) 3 D) 4 Table 9.7
-Table 9.7 shows the production cost for two utilities at different levels of sulfur dioxide emissions. Assume that the government issued 8 marketable pollution permits to each firm. If the two firms were to voluntarily trade pollution permits, how many permits would be swapped?


A) 1
B) 2
C) 3
D) 4

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