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Consider a market given by the following supply and demand equations P=5+3Q P=100-1Q It is known that for every extra unit produced, society faces an
Consider a market given by the following supply and demand equations P=5+3Q P=100-1Q It is known that for every extra unit produced, society faces an extra cost of $1 per unit. Further it is known than each unit produced releases an extra 30.0 t of GHG into the atmosphere. What would be the optimal level of pollution abatement in this market
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