Imagine that in the state of California a chemical producing firms has a marketable permit that allows 800 tons of emissions. However, the marketable permit is shrinkable, and the firm will only be allowed 400 tons of emissions next year. The chemical producing firm estimates that its actual emissions next year will be 500 tons. Which of the following actions would be in the best interest of the chemical producing firm? Group of answer choices sell a marketable permit allowing for 100 tons of emissions not to buy or sell a marketable permit buy a marketable permit allowing for 100 tons of emissions buy a marketable permit allowing for 500 tons of emissions
Imagine that in the state of California a chemical producing firms has a marketable permit that allows 800 tons of emissions. However, the marketable permit is shrinkable, and the firm will only be allowed 400 tons of emissions next year. The chemical producing firm estimates that its actual emissions next year will be 500 tons. Which of the following actions would be in the best interest of the chemical producing firm? Group of answer choices sell a marketable permit allowing for 100 tons of emissions not to buy or sell a marketable permit buy a marketable permit allowing for 100 tons of emissions buy a marketable permit allowing for 500 tons of emissions
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter14: Environmental Economics
Section: Chapter Questions
Problem 17SQ
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Imagine that in the state of California a chemical producing firms has a marketable permit that allows 800 tons of emissions. However, the marketable permit is shrinkable, and the firm will only be allowed 400 tons of emissions next year. The chemical producing firm estimates that its actual emissions next year will be 500 tons. Which of the following actions would be in the best interest of the chemical producing firm?
Group of answer choices
sell a marketable permit allowing for 100 tons of emissions
not to buy or sell a marketable permit
buy a marketable permit allowing for 100 tons of emissions
buy a marketable permit allowing for 500 tons of emissions
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