Examlex
The use of emissions taxes as a method of reducing pollution
1) is more efficient than direct controls;
2) allows firms to select the most efficient abatement techniques;
3) forces firms to internalize the pollution externality.
Normal Model
A statistical model describing data distribution that is symmetric, bell-shaped, and characterized by mean and standard deviation.
Mathematics Test
An examination or assessment intended to measure a person's knowledge, skills, or abilities in mathematics.
Normal Model
A statistical model where the data follow a bell-shaped distribution, with most of the observations clustering around the center mean.
Standard Deviation
A statistic that measures the dispersion or spread of a set of data points relative to its mean.
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