A Tradable Permit System

question 10

Multiple Choice

A tradable permit system:

• A) requires that each firm reduce its pollution by the same amount.
• B) is difficult to implement because regulators do not know the marginal abatement costs of every company.
• C) achieves a given amount of pollution reduction at the least cost because firms with lowest marginal abatement costs do most of the reduction.
• D) increases pollution because the government gives firms permits that grant them the right to pollute.

---

Definitions:

Genocide

The deliberate and systematic extermination of a racial, ethnic, national, or cultural group.

Tutsis

An ethnic group in Rwanda and Burundi, who were historically one of the principal groups involved in the region's social and political dynamics.

Hutus

An ethnic group primarily associated with the Central African regions, most notably Rwanda, where they have played a significant role in the country's history and conflicts.

Genocide

Genocide is the deliberate and systematic extermination of a national, racial, political, or cultural group.