-If the Price of Marketable Permits Is Kept Very High

question 74

Multiple Choice

-If the price of marketable permits is kept very high, _____.​

• A)the quantity of pollution in the economy will increase
• B)a network externality will arise
• C)​firms will adopt more efficient pollution abatement equipment
• D)​environmental groups will start selling additional permits in the market
• E)​firms will have a greater incentive to pollute

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Definitions:

Authentic Leadership

A leadership style that is characterized by genuine, transparent, and ethical behavior, prioritizing personal integrity and a strong sense of self.

Practical Approach

A method or course of action designed to achieve a specific purpose in the most efficient way based on real conditions rather than theories.

Avolio

A scholar known for his contributions to the study of leadership, particularly in the areas of transformational and authentic leadership.

Authentic Leadership

A leadership style that emphasizes being genuine and honest with followers, promoting transparency and trust in leadership.