Explain why a system of marketable pollution permits leads

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Q. Explain why a system of marketable pollution permits leads to less costly pollution abatement and a higher concentration of polluted areas than a command and control system?

Q. A firm looking to generate above normal profits (economic profits), given its industry and resource base, must have some basic strategies to keep one step ahead of the forces of competition. List at least three strategies and explain why they are important"

Reference no: EM1358895

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Explain why a system of marketable pollution permits leads : Explain why a system of marketable pollution permits leads to less costly pollution abatement and a higher concentration of polluted areas than a command and control system.

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