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This problem asks you to explore the impact of market based mechanisms using a small data set. The data file MCdata.csv includes the marginal cost
This problem asks you to explore the impact of market based mechanisms using a small data set. The data file MCdata.csv includes the marginal cost for 40 firms. They are listed by their firm ID, which is just an identifier. Each firm has 10 units of emissions and can abate those emissions for a cost per unit indicated by their MC value. This is just like the exercise with birthdays from class
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