p. If firms' abatement costs fall, how, if at all, does this affect the amount of pollution that firms will emit if there is a limit on pollution?

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Chapter30: Market Failure: Externalities, Public Goods, And Asymmetric Information
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b. If firms' abatement costs fall, how, if at all, does this affect the amount of pollution that
firms will emit if there is a limit on pollution?
Transcribed Image Text:b. If firms' abatement costs fall, how, if at all, does this affect the amount of pollution that firms will emit if there is a limit on pollution?
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