In a Competitive Permit Market(i) The initial allocation of permits is not important.(ii) The initial allocation of permit is important.(iii) With market power on the part of any polluter, the initial distribution deos not matters.(iv) With market power on the part of any polluter, the initial distribution matters

Comments and Answers (2)

Lavish

Lavish

please post an explanation

Saurabh

Saurabh

anyone have any solutions

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