Problem
Suppose that the government issues tradable pollution permits.
a. Is it better for economic eminency to distribute the permits among polluters or to auction them?
b. If the government decides to distribute the permits, does the allocation of permits among firms matter for economic eminency?
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.