Complete the following table with the action each firm will take at this permit price, the amount of pollution each firm will eliminate, and the amount it

costs each firm to reduce pollution to the necessary level. If a firm is willing to buy two permits, assume that it buys one permit from each of the

Determine the total cost of eliminating six units of pollution using both methods, and enter the amounts in the following table. $($Hint: You might need

to get information from previous tasks to complete this table.$)$

In this case, you can conclude that eliminating pollution is costly to society when the government distributes tradable permits than when it

regulates each firm to eliminate a certain amount of pollution.