Which of the Following Statements Is TRUE

question 72

Multiple Choice

Which of the following statements is TRUE?

• A) Mandating that every firm emit no more than X amount of pollutants is the most efficient method of reducing pollution.
• B) A system of tradeable allowances increases pollution because firms can pay for the right to pollute.
• C) To maximize social surplus, the burden of reducing pollution should be allowed to vary by industry.
• D) If the EPA cares about the sum of consumer and producer surplus, they should ignore the impact of pollution reduction on the profitability of firms.

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Definitions:

Intrabusiness Applications

Software and systems used within a business to facilitate operations, manage resources, and enhance internal communication and workflows.

Location Services

A range of services provided by mobile phone networks, internet providers, and applications, that use information derived from GPS coordinates to offer services relevant to the geographic location of users.

Mobile Wallet

A mobile wallet is a digital version of a physical wallet, allowing users to conduct transactions and store information such as credit card details, loyalty cards, and coupons on their mobile devices.

Mobile Portal

A portal accessible via a mobile device, offering services such as search, email, news, and information, optimized for mobile browsing and interaction.