One Advantage of Pollution Permits Over Pollution Taxes Is

question 55

Multiple Choice

One advantage of pollution permits over pollution taxes is

• A) pollution permits allow firms to choose their profit-maximizing level of pollution while taxes do not.
• B) pollution permits generate more revenue for the government than do pollution taxes.
• C) the government can set a maximum level of pollution using pollution permits.
• D) none of the above

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Definitions:

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