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Business, 25.04.2020 02:56 dylancasebere

A paper mill releases chemicals into a river. There is one town downstream that uses the water. For every unit of chemicals released each week by the paper mill, the town must pay an extra $30,000 each week to remove it. If the mill is unregulated, it will release 5 units of chemicals a week. The total cost to the town for water service is typically $190,000 each week. Which policy would achieve the efficient level of reduction for the town and paper mill

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A paper mill releases chemicals into a river. There is one town downstream that uses the water. For...
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