Assume in the permit trading game played in class (recall the setup: nine firms with marginal costs of abatement ranging from 2 to 10 and each firm choosing to produce two units of output and in the process emitting two units of pollution) the setup is modified by the one change that the EPA decides to reduce the number of emission pollution permits from 9 to 6 and gives one permit to each of the six firms with the lowest marginal cost of abatement. Consider the following statement: As the "willingness to pay" for permits of the six firms with lowest abatement costs will decrease relative to the setup played in class, the resulting equilibrium price for permits will be lower than in the version of the game played in class.