Reducing Emissions So That the Marginal Benefit of an Additional

question 76

Multiple Choice

Reducing emissions so that the marginal benefit of an additional unit of pollution is the same for all polluters is an example of:

• A) command and control.
• B) least-cost reduction in emissions.
• C) moral suasion.
• D) profit maximization.

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Definitions:

Compounded Semi-Annually

Interest calculation method where interest is added to the principal sum twice a year, leading to interest earning interest over time.

Annual Scholarship

A financial award given to students on a yearly basis to support their education.

Investment

is the allocation of resources, usually money, with the expectation of generating an income or profit.

Principle

The original sum of money borrowed in a loan, or the amount of the investment before interest.