lyss12326
lyss12326
20.03.2020 • 
Business

A manufacturing firm has a marketable permit that currently allows for 500 tons of emissions. However, the marketable permit is shrinkable and the firm will only be allowed 400 tons of emissions next year. The manufacturing firm projects that it's actual emissions next year will be 390 tons. It is the best interest of the manufacturing firm to sell permits worth tons of emissions.

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