Multiple Choice
-The figure above provides information for a factory that produces chemicals that pollute a waterway. The waterway is used by water skiers. If the waterway is owned by the factory and the Coase theorem applies, then the factory will produce ________ tons of chemicals a week.
A) 1 ton
B) as many tons as possible
C) 3 tons
D) 5 tons
Correct Answer:
Verified
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