An Advantage of the Incentive Approach of Marketable Pollution Rights

question 58

Multiple Choice

An advantage of the incentive approach of marketable pollution rights is:

• A) that it provides incentives for firms to develop less polluting technologies.
• B) a result of the fact that pollution costs are easier to calculate than emission taxes.
• C) that the value that future generations place on pollution damages can be accurately determined.
• D) that it eliminates all transactions costs.

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Definitions:

Sleep Apnea

A serious sleep disorder that occurs when a person's breathing is repeatedly interrupted during sleep.

Breathing

The process of inhaling and exhaling air to facilitate gas exchange within the body, primarily oxygen intake and carbon dioxide expulsion.

Sleep

A state of rest for the body and mind, which is essential for maintaining mental and physical health.

Psychoanalytic

Pertaining to a theory of psychology that emphasizes unconscious psychological processes and childhood experiences in shaping personality and behavior.