Emission Trading Schemes Are Expected To

question 10

Multiple Choice

Emission trading schemes are expected to:

• A) promote the generation of renewable energy.
• B) provide incentives to businesses and households to consume less energy.
• C) all of these options are true.
• D) encourage better management of land.

---

Definitions:

Marginal Utility

The extra value or benefit derived from the use of one more unit of a product or service.

Additional Slice

Generally refers to an extra portion or piece of something, often used metaphorically to describe an additional amount or increment of a resource or benefit.

Marginal Utility

The extra pleasure or benefit gained from the consumption of an additional unit of a product or service.

Total Utility

The overall satisfaction or benefit received by consuming a particular quantity of goods or services.