The Emissions Trading Scheme Is Preferred by Economists Because

question 25

Multiple Choice

The emissions trading scheme is preferred by economists because:

• A) clean air is not like any other scarce resource and cannot be traded on the market.
• B) it treats the clean air as a limited economic resource which is owned by consumers and firms have to pay to use it.
• C) once the trading scheme is in place, the firms have no control over how to minimise their losses.
• D) it is up to the firms to decide on how much emissions they can produce.

Identify correct compound adjective punctuation.

Recognize correct possessive forms in sentences.

Understand the correct format for stating times.

Understand the rules of proper capitalization in English.

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Definitions:

Aversive Racism

Conflicting, often nonconscious, negative feelings about African Americans that Americans may have, even though most do in fact support principles of racial equality and do not knowingly discriminate.

Social Exchange Theory

A theoretical perspective that explains social change and stability as a process of negotiated exchanges between parties.

Kin Selection

A theory in evolutionary biology that proposes an organism will behave in a manner that increases the genetic success of its relatives, even at a cost to its own survival and reproduction.

Altruism Theory

A theory suggesting that humans are capable of selfless acts done for the benefit of others without personal gain.