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A manufacturing firm has a marketable permit that currently allows for 2,000 tons of emissions. The marketable permit is shrinkable and the firm will only
A manufacturing firm has a marketable permit that currently allows for 2,000 tons of emissions. The marketable permit is shrinkable and the firm will only be allowed 1, 500 tons of emissions next year. What should the rm do? Select the correct answer below: 0 Buy a marketable permit for 500 tons of emissions costing $100, 000. 0 Install new equipment to reduce emissions by 500 tons, costing $75, 000 0 Reduce production in order to emit 500 tons less pollution at the cost of $100, 000 in lost profits. 0 Pay a $500 fine perton emitted over the allowed amount
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