February/March 2026 Paper 32

2026 · 30 questions · 30 parts · 30 marks

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9Environmental Economics Resource ManagementEasy1 mark
The government of a country allows each factory in the fertiliser industry to discharge 10 000 litres of liquid waste into the rivers each year. If a factory discharges less than 10 000 litres, it can sell its remaining allowance to another factory that wants to discharge more than 10 000 litres. What does this illustrate?