One World View Article Titled "Paying to Pollute" Reports That

question 129

Multiple Choice

One World View article titled "Paying to Pollute" reports that the price of a marketable pollution permit in Europe for a ton of carbon dioxide is about $32.The principal advantage of pollution permits is to

• A)Reduce pollution to zero.
• B)Reduce the costs of pollution control.
• C)Increase government involvement in pollution control.
• D)Eliminate social costs.

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Definitions:

Legal Obligation

A duty recognized by the law, requiring a person to conform to a certain manner of conduct or to perform a certain action.

Professional Code of Conduct

A set of guidelines designed to set out acceptable behaviors for members of a particular profession or organization.

Duty of Care

A legal obligation requiring individuals or entities to exercise reasonable care and caution to avoid or minimize harm to others.

Contract Terms

Specific provisions and conditions outlined within a contract that dictate the obligations and rights of the parties involved.