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economics Suppose the government is using an abatement subsidy to reduce emissions and the polluters have already chosen their optimal emission level. At that emission
economics
Suppose the government is using an abatement subsidy to reduce emissions and the polluters have already chosen their optimal emission level. At that emission level the marginal damage is less than the marginal abatement cost. To be more efficient, the subsidy should be increased. Select one: a. True b. False Step by Step Solution
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