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    Survey of Economics Principles
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    Exam 9: Imperfect Information, External Benefits, and External Costs
  5. Question
    Why Should a System of Marketable Pollution Permits Lead to Less
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Why Should a System of Marketable Pollution Permits Lead to Less

Question 91

Question 91

Essay

Why should a system of marketable pollution permits lead to less costly pollution abatement than a command-and-control system?

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Even if both systems lead to the same po...

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