How do you think each side would present case

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Question: John Jemmot is an advocate of environmental protection and only uses environmentally friendly products in his production process. As a result, Jemmot has seen a rise in the number of customers and is now making record profits, to the envy of many of his competitors. Despite this, Jemmot is threatening to leave the industry if government does not subsidize his production. Many residents, including some of Jemmot's customers, are concerned about the tax implication of a subsidy program and oppose the idea. How do you think each side would present their case on the grounds of allocative efficiency? Explain.

Reference no: EM133314442

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