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According to the video, which of the following is FALSE about markets with tradable pollution permits? a. Firms with the lowest cost of pollution reduction
According to the video, which of the following is FALSE about markets with tradable pollution permits? a. Firms with the lowest cost of pollution reduction reduce their pollution b. Firms with highest cost of pollution reduction purchase permits from firms with lower costs of pollution reduction. c. For the permits to work, government will need to know how costly pollution reduction is for specific firms
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