A switch to marketable pollution permits will decrease abatement costs because high-cost firms do most of the abating.

Name: A switch to marketable pollution permits will decrease abatement costs because high-cost firms do most of the abating.
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A switch to marketable pollution permits decreases abatement costs because it allows low-cost abaters to sell their excess permits to high-cost abaters, leading to a more cost-effective distribution of abatement efforts across firms.

A Switch to Marketable Pollution Permits Will Decrease Abatement Costs