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5 hours, 10 minutes remaining Manufacturing processes relying on fossil fuels cause large emissions of sulphur dioxide (SO2). These damaging emissions accumulate in the atmosphere,

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5 hours, 10 minutes remaining Manufacturing processes relying on fossil fuels cause large emissions of sulphur dioxide (SO2). These damaging emissions accumulate in the atmosphere, regardless of their country of origin. From this information we can infer that Select one answer: O To guarantee that the level of emissions is the socially optimal we need firms to compete a la Cournot O There will be more emissions than socially optimal, as firms have no incentives to take into account the damages they impose on society O There will be less emissions than socially optimal, as profit-maximizing tums will take into account the damages they impose on society O The efficient amount of emissions will be produced as each firm burning fossil fuels is a profit maximizing firm Microso Edge

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