Use the following to answer questions:
Figure: City with Two Polluters
-(Figure: City with Two Polluters) Look at the figure City with Two Polluters. If the government issued licenses to emit a total of 1,600 tons of pollution, the market price to emit 1 ton of emissions would equal:
A) $100.
B) $200.
C) $300.
D) $400.
Correct Answer:
Verified
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Figure: City
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