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Suppose that two firms, X and Y , face the following abatement costs, where A is the abatement ( pollution reduction ) chosen by the
Suppose that two firms, X and Y face the following abatement costs, where A is the abatement pollution reduction chosen by the firm:
MACX AX MACY AY
TACX AX TACY AY
Further assume that the combined abatement standard is units for both firms.
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