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(4) Which policy instrument--taxes, tradable permits, or a uniform standard--would you expect private industry to prefer (e.g., private industry as a whole, as well as

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(4) Which policy instrument--taxes, tradable permits, or a uniform standard--would you expect private industry to prefer (e.g., private industry as a whole, as well as individual firms), assuming the regulatory goal of achieving an aggregate emission reduction of 6 tons in the case considered above? Why

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