In Regard to Marketable Pollution Permits, If the Number of Pollution

question 56

Multiple Choice

In regard to marketable pollution permits, if the number of pollution rights available is decreased, the equilibrium price _______ and the equilibrium quantity of emissions _______.

• A) decreases; decreases
• B) increases; increases
• C) increases; decreases
• D) decreases; increases

---

Definitions:

Performance Motivation

The drive to achieve and excel in activities, especially when under evaluation or in competitive contexts.

Mastery

The comprehensive knowledge or skill in a subject or accomplishment, resulting in a high level of competence or proficiency.

Learning

The process of acquiring new understanding, knowledge, behaviors, skills, values, attitudes, and preferences.

Internality

A personality trait that involves attributing success and failure to one's own efforts and abilities.