f. Suppose next that the government instead creates a tradable pollution permit, or voucher, system in which
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f. Suppose next that the government instead creates a tradable pollution permit, or voucher, system in which one voucher allows a firm to produce the amount of pollution that gets emitted from the production of 1 unit of output. Derive the demand curve for such vouchers.
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ISBN: 9781337335652,9781337027632
2nd Edition
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