The government wants to reduce pollution to 75 units, so it gives each firm 25 tradable pollution

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The government wants to reduce pollution to 75 units, so it gives each firm 25 tradable pollution permits. Because firm has the highest cost of reducing pollution by 1 unit, it would like to another firm. Because firm has the lowest cost of reducing pollution by 1 unit, it is willing to the firm with the highest cost

Posted Date: Jun 13, 2024 01:06 AM

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The government wants to reduce pollution to 75 units, so it gives each firm 25 tradable pollution

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