Draw Figure 2.5 with firms H and L except that each firm emits 60 (not 50) with
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Draw Figure 2.5 with firms H and L except that each firm emits 60 (not 50) with no policy, the marginal damage (MD) of each emission is $48 (not $40), the vertical intercept of MACH is $240 (not $200), and the vertical intercept of MACL is $60
(not $50).
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