If it costs Con Ed approximately $20 per additional ton of air pollution it reduces, but it costs PG&E only $10 per additional ton of air pollution it reduces, a marketable pollution permit trading for $14 per ton could Multiple Choice

If it costs Con Ed approximately $20 per additional ton of air pollution it reduces, but it costs PG&E only $10 per additional ton of air pollution it reduces, a marketable pollution permit trading for $14 per ton could Multiple Choice

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

If it costs Con Ed approximately $20 per additional ton of air pollution it reduces, but it costs PG&E only $10 per additional ton of air pollution it reduces, a
marketable pollution permit trading for $14 per ton could
Multiple Choice
save PG&E $6 per ton and earn Con Ed $4 per ton.
earn PG&E $6 per ton and save Con Ed $4 per ton.
earn PG&E $4 per ton and save Con Ed $6 per ton.
save PG&E $4 per ton and earn Con Ed $6 per ton.

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