When the Government Tries to Control Pollution Through Cap and Trade,it

question 22

Multiple Choice

When the government tries to control pollution through cap and trade,it _____.

• A)issues permits that enables the owners of the permit to pollute.
• B)strictly mentions the amount of pollutants that can be emitted by a particular firm.
• C)levies tax on the polluting firm.
• D)gives subsidies to the firms who adopt clean production technologies.
• E)takes legal actions against the firms who pollute beyond the specified level.

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Definitions:

Residual Income

The amount of net income an entity has after deducting all necessary expenses and required returns on investments, representing leftover earnings.

Operations

The activities involved in the day-to-day functions of a business related to producing and delivering its products or services.

Housekeeping Department

A division within a business, often within the hospitality industry, responsible for maintaining cleanliness, orderliness, and standards of hygiene.

Operating Departments

Sections or units within an organization directly involved in its core business activities, responsible for producing its goods or services.