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QUESTION

Tradable Pollution Permit Scenarios Steve's Allocation of Permits Market Price per Permit Scenario A 4 permits $30 Scenario B 3 permits 10 Scenario C...

Given that Steve follows his objective to trade pollution permits optimally in order to maximize profits, which of the four tradable pollution permit scenarios listed above would result in Steve earning the highest total profit?

Scenario A

Scenario B

Scenario C

Scenario D

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