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    Survey of Economics Principles
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    Exam 9: Imperfect Information, External Benefits, and External Costs
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    Why Might a System of Marketable Pollution Permits Lead to a Higher
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Why Might a System of Marketable Pollution Permits Lead to a Higher

Question 267

Question 267

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Why might a system of marketable pollution permits lead to a higher concentration of polluted areas than would a command-and-control system?

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Under a command-and-control system, each...

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