(Table: Pollution from Firms) Suppose that each firm is emitting 10 units of pollution, for a total of 20 units. The government would like to decrease total pollution to 10 units by giving each firm five tradable pollution permits. The pollution permits will sell at a price of $____.
A) 70
B) 75
C) 80
D) 85

Question

(Table: Pollution from Firms) Suppose that each firm is emitting 10 units of pollution, for a total of 20 units. The government would like to decrease total pollution to 10 units by giving each firm five tradable pollution permits.  The pollution permits will sell at a price of $____.
A) 70 
B) 75 
C) 80 
D) 85

Quizplus · Accepted Answer

The Answer of (Table: Pollution from Firms) Suppose that each firm is emitting 10 units of pollution, for a total of 20 units. The government would like to decrease total pollution to 10 units by giving each firm five tradable pollution permits.  The pollution permits will sell at a price of $____.
A) 70 
B) 75 
C) 80 
D) 85

(Table: Pollution from Firms) Suppose That Each Firm Is Emitting