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(a) Some engineers in Finland have developed a carbon capture technology that costs them nothingto build, but will capture v 0 tons of carbon. The
(a) Some engineers in Finland have developed a carbon capture technology that costs them nothingto build, but will capture v 0 tons of carbon. The engineers know v, but we believe that v is distributed uniformly on [0,1]. If the externality of carbon is $20/ton, what is the most that we (society) should be willing to pay for the project
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