Suppose That the "Clean and Clear" Environmental Group Buys 20

question 81

Multiple Choice

Suppose that the "Clean and Clear" environmental group buys 20% of the pollution permits and never uses them.The effect on pollution market is:

• A) The price of pollution rights would fall,and the amount of pollution would decrease
• B) The price of pollution rights would fall,and the amount of pollution would increase
• C) The price of pollution rights would rise,and the amount of pollution would increase
• D) The price of pollution rights would rise,and the amount of pollution would decrease
• E) Pollution would not be affected

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Definitions:

Blood Alcohol Content

The measurement of the amount of alcohol in an individual's bloodstream, used to assess intoxication level.

Ethanol

A volatile, flammable, colorless liquid alcohol, commonly used as a fuel additive, in thermometers, and as the intoxicating ingredient of alcoholic beverages.

Telescoping

An accelerated progression towards addiction, observed in some individuals, particularly women, once they start engaging in addictive behaviors.

Illicitly-Manufactured

Used to describe substances or goods produced and distributed without legal authorization, often referring to drugs.