Which of the Following Observations Concerning Pollution Rights Is Incorrect

question 13

Multiple Choice

Which of the following observations concerning pollution rights is incorrect?

• A)​It would not allow firms to move into an area that is already as polluted as allowed by EPA standards.
• B)​It allows the greatest value to be generated with a given amount of pollution.
• C)​The rights are private property and can be sold.
• D)​Each polluter is motivated to discover and use the cheapest way to reduce pollution.

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Definitions:

Capital Mobility

The ability of capital to move freely across borders, allowing for investment and financial transactions to take place internationally with minimal restrictions.

Declaration

A formal or explicit statement, announcement, or pronouncement, often related to policies, intentions, or rights.

Fundamental Principles

Core beliefs or values that form the basis for a system, theory, or organization.

Core Labor Standards

Fundamental principles and rights at work established by the International Labour Organization, including freedom from forced labor, child labor, discrimination, and the right to collective bargaining.