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Two industries emit sulfur dioxide and the government decides to issue marketable permits. If the H Industry has a higher marginal cost of reducing sulfur
Two industries emit sulfur dioxide and the government decides to issue marketable permits. If the H Industry has a higher marginal cost of reducing sulfur dioxide than does the J Industry, then Question 4 options: J Industry will sell marketable permits to the H Industry. marketable permits will not make the amount of pollution efficient. H Industry and J Industry will emit the same quantity of sulfur dioxide. H Industry will sell marketable permits to the J Industry
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