Which of the Following Observations Concerning Pollution Rights Is Incorrect

question 13

Multiple Choice

Which of the following observations concerning pollution rights is incorrect?

• A)​It would not allow firms to move into an area that is already as polluted as allowed by EPA standards.
• B)​It allows the greatest value to be generated with a given amount of pollution.
• C)​The rights are private property and can be sold.
• D)​Each polluter is motivated to discover and use the cheapest way to reduce pollution.

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Definitions:

Equity

The concept of fairness or justice in the way people are treated, or the value of shares owned in a company.

Voice

In the context of labor relations, voice refers to the ability of workers to express their opinions, grievances, or suggestions, typically through a union or other representative body.

Human Resource Management

The strategic approach to managing people in an organization, focusing on policies and systems to maximize employee performance and achieve organizational goals.

Efficiency

The ability to accomplish a job with a minimum expenditure of time and resources.