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2. Use a graph of the pollution abatement market (i.e., MSC and MSB of abatement) to model each of the following situations: a. A market
2. Use a graph of the pollution abatement market (i.e., MSC and MSB of abatement) to model each of the following situations: a. A market where the allocatively efficient level of abatement occurs at 100 percent. b. A market where the allocatively efficient level of abatement is zero
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