Figure: Environmental Standards versus Emissions Taxes
(Figure: Environmental Standards versus Emissions Taxes) In the figure Environmental Standards versus Emissions Taxes, if the goal is to limit the total emissions of the two firms, A and B, to 600 tons, the most efficient solution is an , and
Total pollution would be tons.
A) environmental standard; 300
B) emissions tax; 600
C) environmental standard; 600
D) emissions tax; 200
Correct Answer:
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