Multiple Choice
Refer to Table 28.1. Suppose the government allows these two firms to trade pollution permits. The most efficient transaction would result in
A) An increase in emissions by the steel plant and a reduction by the paper plant.
B) A reduction in emissions by the paper plant and no change for the steel plant.
C) An increase in emissions by both plants.
D) A decrease in emissions by both plants.
Correct Answer:
Verified
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