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Which of the following statements is true? The demand curve cannot possibly exceed 150, so there must be something wrong in the drawing. The supply
Which of the following statements is true? The demand curve cannot possibly exceed 150, so there must be something wrong in the drawing. The supply does not change even when prices increase above $15M, so the drawing is inaccurate. In equilibrium, most firms sell their allocated pollution permits. In equilibrium, half of the firms purchase permits and half sell them
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