An Advantage Emission Taxes and Permits Have Over Direct Controls

question 66

Multiple Choice

An advantage emission taxes and permits have over direct controls is that the former

• A)work well even if pollution output cannot be accurately measured.
• B)can respond quickly to new information about the dangers of particular pollutants.
• C)make it in firms' interests to reduce pollution in the most efficient manner possible.
• D)reduce pollution to zero.

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Definitions:

Repudiation

The refusal to fulfill or acknowledge contractual obligations, often leading to a breach of contract claim.

Material Breach

A significant violation or failure to comply with a contractual duty, which can lead to the contract's termination.

Minor Breach

A violation of a contract that does not significantly harm the intent of the agreement, allowing the contract to still be fulfilled.

Architect LLC

Refers to a limited liability company operating in the architectural sector, offering professional design services.