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Narrbegin Exhibit 10

question 19

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Narrbegin Exhibit 10.2 Carbon emissions as an externality Narrbegin Exhibit 10.2 Carbon emissions as an externality    -Suppose that firms are required to purchase equipment to reduce carbon emissions. How is this illustrated in Exhibit 10.2? A)  A shift from 'Supply 2' to 'Supply 1'. B)  A movement along the 'Supply 1' curve. C)  A shift in demand. D)  A shift from 'Supply 1' to 'Supply 2'.
-Suppose that firms are required to purchase equipment to reduce carbon emissions. How is this illustrated in Exhibit 10.2?


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