Imagine that the price of a single permit is 100 $, with each permit covering 1
ID: 1122947 • Letter: I
Question
Imagine that the price of a single permit is 100 $, with each permit covering 1 tC. If a company gets O permits for free for the year, and the company burns6 tC of fossil fuel in that year, what does the company do? O buys 6 permits and thereby loses 600 $ O buys 3 permits and thereby loses 300$ O sells 3 permits and thereby loses 300 $ O buys 3 permits and thereby earns 300 $ O sells 3 permits and thereby earns 300$ D Question 19 1 pts Imagine that the price of a single permit is 100$, with each permit covering 1 tC. If a company gets O permits for free for the year, and the company burns 3 tC of fossil fuel in that year, what does the company do? O buys 3 permits and thereby loses 300 $ O sells 3 permits and thereby loses 300$ O buys 3 permits and thereby earns 300 $ O sells 3 permits and thereby earns 300$ O buys 6 permits and thereby loses 600 $Explanation / Answer
18.
buys 6 permits and thereby losses 600
the above is answer
19.
buys 3 permits and thereby losses 300
the above is answer