77 395
Assignments Done
Successfully Done
In July 2019

Answer to Question #59622 in Microeconomics for ali

Question #59622
Transferable Pollution Credits. Each firm gets two transferable pollution credits. What are the clean-up costs?
A: 1 10 18 20 22
B: 2 3 5 7 9
C: 4 6 8 28 30
Expert's answer
If each firm gets two transferable pollution credits, then firm A will buy 1 credit from both firms B and C, because its clean-up costs are higher than the same costs of firms B and C.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


No comments. Be first!

Leave a comment

Ask Your question

Privacy policy Terms and Conditions