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    Principles of Economics Study Set 3
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    Exam 10: Externalities
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    Figure 10-11 -Refer to Figure 10-11.This Graph Shows the Market for Pollution
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Figure 10-11 -Refer to Figure 10-11.This Graph Shows the Market for Pollution

Question 44

Question 44

Multiple Choice

Figure 10-11 Figure 10-11   -Refer to Figure 10-11.This graph shows the market for pollution when permits are issued to firms and traded in the marketplace.The equilibrium number of permits is A)  50 B)  100 C)  1,000 D)  2,000
-Refer to Figure 10-11.This graph shows the market for pollution when permits are issued to firms and traded in the marketplace.The equilibrium number of permits is


A) 50
B) 100
C) 1,000
D) 2,000

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