Which of the Following Is Not a Reason Why Marketable

question 56

Multiple Choice

Which of the following is not a reason why marketable permits may fail to achieve efficiency?

• A) Some firms can reduce emissions at a lower cost than other firms.
• B) A market with a small number of buyers and sellers.
• C) Imperfect information exists on the value of a permit.
• D) There are concerns about the value of permits in the future.

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Definitions:

Waste Elimination

A process aimed at removing non-value-added activities or materials in production to improve efficiency.

Social Practices

The patterns of behavior and interactions that are developed, shared, and perpetuated within communities or societies, shaping social norms and values.

Sustainability Initiatives

Programs or actions undertaken by an organization to minimize its environmental impact and operate in a socially responsible manner.

Effectiveness-oriented Metric

A measure used to evaluate how well a process or activity reaches its intended outcome or goal.