Answer: high; low
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under a system of marketable pollution permits a firm with ___ abatement costs will buy permits from a firm with ____ abatement costs
Under a system of marketable pollution permits a firm with ---- abatement cost will buy permits from a firm with --- abatement cost High; low A switch from regular pollution permits ---- the total cost of abatement
under a system of marketable pollution permits a firm with ____ abatement costs will buy permits from a firm with ____ abatement costs . high low. compared to pollution tax a uniform abatement policy is ____ efficient because it does not exploit differences in abatement costs across firms.
Under a system of marketable pollution permits a firm with ___ abatement costs will buy permits from a firm with ___ abatement costs . high low. A switch from regular pollution permits to marketable permits ___ the total cost of abatement . decreases.
Under a system of marketable pollution permits a firm with ___ abatement costs will buy permits from a firm with ___ abatement costs . high low. Compared to a pollution tax a uniform- abatement policy is ___ efficient because it does not exploit differences in.
Under a system of marketable pollution permits a fi...
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