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question 182

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Use the following to answer question:
Figure: Environmental Standards versus Emissions Taxes Use the following to answer question: Figure: Environmental Standards versus Emissions Taxes   -(Figure: Environmental Standards versus Emissions Taxes)  In the figure Environmental Standards versus Emissions Taxes, if the goal is to limit the total emissions of the two firms, A and B, to 600 tons, the most efficient solution is an _____, and total pollution would be _____ tons. A)  environmental standard; 300 B)  emissions tax; 600 C)  environmental standard; 600 D)  emissions tax; 200
-(Figure: Environmental Standards versus Emissions Taxes) In the figure Environmental Standards versus Emissions Taxes, if the goal is to limit the total emissions of the two firms, A and B, to 600 tons, the most efficient solution is an _____, and total pollution would be _____ tons.


Definitions:

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