Which of the Following Statements Is True

question 73

Multiple Choice

Which of the following statements is true?

• A) A 'cap and trade' scheme is beneficial to consumers because more goods are produced.
• B) A new emissions reducing production technology will increase the price of emissions permits.
• C) A 'cap and trade' scheme has a fixed price for emissions permits.
• D) A decrease in demand for permits reduces the equilibrium price of permits.

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Definitions:

Lineages Converged

The phenomenon where unrelated species evolve similar traits or characteristics due to adaptation to similar environments or ecological niches, also known as convergent evolution.

Genomic Structure

The arrangement and organization of genes and regulatory sequences in an organism's genome, influencing its function and evolution.

Eukaryotes

Organisms whose cells contain a nucleus and other organelles enclosed within membranes.

Prokaryotes

Single-celled organisms without a nucleus or other membrane-bound organelles, including bacteria and archaea.