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    Environmental Economics
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    Exam 12: Improving Air Quality: Controlling Stationary Sources
  5. Question
    In an Allowance Market, Buyers Will Purchase Allowances as Long
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In an Allowance Market, Buyers Will Purchase Allowances as Long

Question 3

Question 3

True/False

In an allowance market, buyers will purchase allowances as long as the price is higher than their MAC, which results in a cost-effective solution.

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