The Main Advantage of Using Market- Based Schemes for Reducing

question 59

Multiple Choice

The main advantage of using market- based schemes for reducing pollution is that they

• A) minimize the difference between total cost and total benefit.
• B) maximize the difference between marginal cost and marginal benefit.
• C) lead to a more efficient use of scarce resources.
• D) improve the moral fibre of producers and consumers.
• E) lead to greater fairness in the distribution of resources.

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Definitions:

Ribosome

A cellular structure that synthesizes proteins by translating mRNA into amino acid sequences.

Hydrogen Binding

Hydrogen bonding is a type of weak chemical bond that is usually intermolecular, occurring when a hydrogen atom covalently bound to a highly electronegative atom such as N, O, or F experiences attraction to another electronegative atom.

Phosphoric Acid

A weak acid with the chemical formula H3PO4, used in food flavoring, beverages, dental products, and as an industrial etchant.

Chromosomes

Thread-like structures located inside the nucleus of animal and plant cells, made of protein and a single molecule of deoxyribonucleic acid (DNA).