Firms that can reduce pollution at a low cost will be willing to sell their pollution permits.

Name: Firms that can reduce pollution at a low cost will be willing to sell their pollution permits.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Firms that can reduce pollution at a low cost will find it easier and cheaper to purchase pollution permits rather than investing in expensive pollution control equipment. Therefore, they will be willing to sell their permits if they have excess or if the market price is high enough.

Firms That Can Reduce Pollution at a Low Cost Will