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Table 9.8 -Table 9.8 Shows the Production Cost for Two Utilities at Utilities

Question 101

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Table 9.8 -Table 9.8 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) 0 B) 1 C) 2 D) 3 Table 9.8
-Table 9.8 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) 0
B) 1
C) 2
D) 3

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