How many permits will each firm buy and sell

Reference no: EM13218469

There are three industrial firms in Happy Valley. FIRM INITIAL COST OF REDUCING POLLUTION LEVEL POLLUTION BY 1 UNIT A 70 units $20 B 80 25 C 50 10 The government wants to reduce pollution to 120 units, so it gives each firm 40 tradable pollution permits. are three industrial firms in Happy Valley. How many permits will each firm buy and sell?

Reference no: EM13218469

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