The Advantage to Selling Pollution Permits Rather Than Using a Fixed

question 49

Multiple Choice

The advantage to selling pollution permits rather than using a fixed percent reduction for all firms is

• A)government raises additional revenue.
• B)reductions in pollution are accomplished by those firms that can do so at least cost.
• C)enforcement costs are eliminated.
• D)pollution is driven to zero.

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Definitions:

Schizophrenia

A mental disorder characterized by disturbances in thought, perception, and behavior, often involving delusions and auditory hallucinations.

Delusions

A belief or impression that is firmly maintained despite being contradicted by what is generally accepted as reality, often a symptom of mental disorders.

Hallucinations

False sensory experiences that appear real despite the absence of an external stimulus, which can affect all senses.

Symptoms

Physical or mental features that may indicate the presence of a particular condition or disease.