CoolU Has Solved Its Smoking Problem by Allocating Each Student

question 48

Multiple Choice

CoolU has solved its smoking problem by allocating each student 5 smoking permits a day,and allowing trading.This is an example of

• A)cap-and-trade.
• B)emission charges.
• C)the Coase theorem.
• D)a pollution tax.
• E)a voucher.

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Definitions:

Consignor

An entity or person that sends goods to another, the consignee, who agrees to sell those goods on behalf of the consignor.