The government adopted marketable permits to address environmental degradation. Let's assume that in 2022, in the state of Arizona, the marketable permits of a soap producing company allows the company 650 tons of emissions per year. During 2023 the company's marketable permits will go down to 500 tons of emissions. The soap producing company estimates that during 2023 its emissions will be 600 tons. Which of the following would be in the best interest of the soap producing company? buy a marketable permit allowing for 500 tons of emissions not to buy or sell a marketable permit sell a marketable permit allowing for 100 tons of emissions buy a marketable permit allowing for 100 tons of emissions

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The government adopted marketable permits to address
environmental degradation. Let's assume that in 2022, in the state of
Arizona, the marketable permits of a soap producing company allows
the company 650 tons of emissions per year. During 2023 the
company's marketable permits will go down to 500 tons of
emissions. The soap producing company estimates that during 2023
its emissions will be 600 tons. Which of the following would be in
the best interest of the soap producing company?
buy a marketable permit allowing for 500 tons of emissions
not to buy or sell a marketable permit
sell a marketable permit allowing for 100 tons of emissions
buy a marketable permit allowing for 100 tons of emissions
Transcribed Image Text:The government adopted marketable permits to address environmental degradation. Let's assume that in 2022, in the state of Arizona, the marketable permits of a soap producing company allows the company 650 tons of emissions per year. During 2023 the company's marketable permits will go down to 500 tons of emissions. The soap producing company estimates that during 2023 its emissions will be 600 tons. Which of the following would be in the best interest of the soap producing company? buy a marketable permit allowing for 500 tons of emissions not to buy or sell a marketable permit sell a marketable permit allowing for 100 tons of emissions buy a marketable permit allowing for 100 tons of emissions
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