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ECON 101 Principles of Microeconomics Dominican University Lawrence Morgan 4 POINTS $/ton MAC $250 $200 $150 $100 $50 50 100 150 200 250 300 emissions

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ECON 101 Principles of Microeconomics Dominican University Lawrence Morgan 4 POINTS $/ton MAC $250 $200 $150 $100 $50 50 100 150 200 250 300 emissions (tons/d a. If a tax of $200 per ton were enacted, how many sons of sulphur dioxide would be emitted? (give the amount and draw that on the graph if you can). b. If environmental authorities determined that the optimal level of emissions is 100 tons per day, and issued Tradable Pollution Permits for that amount in a cap-and-trade program, at what price per ton of emissions would these permits be auctioned or would trade

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