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Environmental Economics 6th Edition by Martha k Field,Barry Field
Edition 6ISBN: 978-0073511481Environmental Economics 6th Edition by Martha k Field,Barry Field
Edition 6ISBN: 978-0073511481 Exercise 4
Consider the example of Figure 11.3. Suppose we define as fair a cutback in which the two sources have the same total costs. Would an equiproportionate reduction be fair in this sense? A reduction meeting the equimarginal principle? Is this a reasonable definition of fair? 
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Equi-proportionate standard of emissions...
Environmental Economics 6th Edition by Martha k Field,Barry Field
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