Question: Why is the most efficient approach (equiproportionate or equimarginal, see Question 7) always more efficient than the alternative? Hint: compare the emissions and cost difference

Why is the most efficient approach (equiproportionate or equimarginal, see Question 7) always more efficient than the alternative?

Hint: compare the emissions and cost difference between the different approaches for each firm. How are the costs distributed per ton of emissions reductions?

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