How many units of pollution rights would be purchased, Microeconomics

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How many units of pollution rights would be purchased

Problem

Once again, in the previous question, suppose that the government's policy is to allow firms to pollute provided that they purchase a permit valued at $10 per unit emitted (rather than allocating a pollution quota to each firm).

(a) How many units of pollution rights would be purchased and by the two participants in this market?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How many units of pollution rights would be purchased

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