=+Explain Why a system of tradable emissions permits that sets the total quantity of allowable pollution higher

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=+Explain Why a system of tradable emissions permits that sets the total quantity of allowable pollution higher or lower than Qoprleads to a smaller total surplus compared to the total surplus generated if the number of permits had been set optimally

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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