In Which of the Following Situations May Tradeable Pollution Permits

question 53

Multiple Choice

In which of the following situations may tradeable pollution permits be preferred to Pigovian taxes?
(i) where they internalise the externality of pollution
(ii) where regulatory agencies do not know the demand curve for pollution
(iii) where the government is not interested in generating maximum revenue from polluting firms

• A)(i) only
• B)(ii) only
• C)(ii) and (iii) only
• D)(i), (ii) and (iii)

---

Definitions:

Dendrites

are the branched extensions of a neuron that receive signals from other neurons and transmit them toward the cell body.

Dendrites

Dendrites are the branched projections of a neuron that receive electrochemical stimulation from other neural cells, leading towards the cell body.

Neurons

Specialized neurons in the nervous system that communicate information via electrical and chemical signals.

Resting Potential

The electrical potential of a neuron when not stimulated or involved in passage of an impulse, typically around -70mV.