3. Use the diagram below to explain how liability damages might work and what would be...
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3. Use the diagram below to explain how liability damages might work and what would be the resulting emissions level for a firm that generates damages to those who live downstream. Suppose that the firm's current emissions are at e, . (4 points) $ MAC co a b *₂ MD ei Emissions 3. Use the diagram below to explain how liability damages might work and what would be the resulting emissions level for a firm that generates damages to those who live downstream. Suppose that the firm's current emissions are at e, . (4 points) $ MAC co a b *₂ MD ei Emissions
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