The Diagram Below Shows a Market for Tradable Pollution Permits

question 90

Multiple Choice

The diagram below shows a market for tradable pollution permits. FIGURE 17-8
-Refer to Figure 17-8,which depicts the market for tradable pollution permits.The amount of permits Q* is determined by

• A)market forces.
• B)large corporations.
• C)the level of abatement technology.
• D)the World Environmental Organization.
• E)the relevant government.