Given That Different Firms Typically Have Different Costs of Pollution

question 72

Multiple Choice

Given that different firms typically have different costs of pollution reduction,

• A)tradable pollution permits will help to reduce the total costs of pollution abatement.
• B)tradable pollution permits will help to reduce the marginal costs of pollution.
• C)it is clear that only a moral solution can actually achieve pollution reduction.
• D)there is a role for government to establish absolute limits on pollution.
• E)the optimal emissions tax is thus easier to compute.

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Definitions:

Environmental Interpretation

The process of explaining the natural, cultural, and historical significance of environments to enhance public understanding and appreciation.

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