Under some pollution control laws, if a pollution source is found to be in violation of the

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Under some pollution control laws, if a pollution source is found to be in violation of the standard it faces, it must pay a penalty equal to the gains that it earned by being in violation. Under what conditions will this policy lead to 100% compliance with the standards?
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The Economics Of The Environment

ISBN: 9780321321664

1st Edition

Authors: Peter Berck, Gloria Helfand

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