a. Briefly explain the significance of prevention of significant deterioration (PSD) areas to the setting of air
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a. Briefly explain the significance of prevention of significant deterioration (PSD) areas to the setting of air quality standards. [PSD areas are defined and discussed in the text.]
b. From an economic perspective, explain the paradox associated with setting standards in PSD areas versus nonattainment areas. Show how an inefficient result may arise using an MSB-MSC model.
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a Of particular significance is the fact that these clean areas are subject to standards that mainta...View the full answer
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Related Book For 
Environmental Economics and Management Theory, Policy and Applications
ISBN: 978-1111826673
6th edition
Authors: Scott J. Callan, Janet M. Thomas
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