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suppose that there are four firms along a river that are disposing of harmful production by-products by dumping them into the river. Firm would 1
suppose that there are four firms along a river that are disposing of harmful production by-products by dumping them into the river. Firm would 1 would be willing to pay $8 to dump a barrel into the river each day. Firm 2 would be willing to pay $6? barrel to dump: 3 $4? barrel: firm 4, $2/barrel/
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