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A manufacturing firm has a marketable permit that currently allows for 200 tons of emissions. However, the marketable permit is shrinkable and the firm will
A manufacturing firm has a marketable permit that currently allows for 200 tons of emissions. However, the marketable permit is shrinkable and the firm will only be allowed 150 tons of emissions next year. The manufacturing firm projects that it's actual emissions next year will be 130 tons.
It is the best interest of the manufacturing firm to sell permits worth _______ tons of emissions.
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