Say the government establishes rights to pollute so that without a pollution permit you aren't allowed to

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Say the government establishes rights to pollute so that without a pollution permit you aren't allowed to emit pollutants into the air, water, or soil. Firms are allowed to buy and sell these rights. In what way will this correct for an externality?

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Macroeconomics

ISBN: 978-0077307110

8th edition

Authors: David Colander

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Question Posted: Feb 12, 2016 04:47 AM

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Say the government establishes rights to pollute so that without a pollution permit you aren't allowed to

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Pollution permits require firms to pay the cost of pollution they cr...View the full answer

Macroeconomics

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