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a. Show that the social demand curve, QS, for semi-permanent reductions in annual emissions that last 25 years is QS = 100 - 0.000132PS where

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a. Show that the social demand curve, QS, for semi-permanent reductions in annual emissions that last 25 years is QS = 100 - 0.000132PS where PS is the NPV of the social cost of making semi-permanent (25-year) reductions in annual emissions, and a seven percent (7%) discount rate is applied

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