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Two firms can choose from five different technologies to reduce their pollution: A,B,C,D and E.The amount of pollution emitted by each technology and the cost of the technologies are shown in the table.Both firms have adopted technology A and currently emit 4 tons apiece.The government is considering two plans to reduce pollution: a 50% reduction by both firms or selling pollution permits.One permit entitles the owner to emit one ton of pollution.Without a permit,no pollution can be emitted.
A government regulation that requires both firms to reduce pollution by 50% results in process ___________ being adopted and the private costs are __________.
Individual Or Organization
Either a single person or a group of people structured collectively, often for a specific purpose or function, such as a company or charity.
Website Creation Tools
Software or online platforms that facilitate the design, development, and deployment of websites, often with user-friendly interfaces.
Storage Device
Equipment that records (writes) and retrieves (reads) digital data from a form of storage medium, such as a hard disk or SSD.
Cloud Computing
A technology enabling access to computing resources, such as servers, storage, and applications, over the internet on a pay-for-use basis.
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