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What is the cost to the owner of each building of reducing its emissions by 50, 000 units to comply with a direct regulation? b.

What is the cost to the owner of each building of reducing its emissions by 50, 000 units to comply with a direct regulation? b. Under this direct regulatory poicy, what is the associated joint cost to both owners? c. Under the alternative emissions permit system, with each owner receiving 10 permits, each allowing the emission of 5,000 units of GHG by his building, does either owner buy one or more coupons from the other?

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