In Many Cases Selling Pollution Permits Is a Better Method

question 515

Multiple Choice

In many cases selling pollution permits is a better method for reducing pollution than imposing a corrective tax because

• A) it is hard to estimate the market demand curve and thus charge the "right" corrective tax.
• B) selling pollution permits create a net increase in pollution.
• C) Corrective taxes distort incentives.
• D) Corrective taxes provide greater flexibility to firms that can reduce pollution at a low cost.

Identify factors influencing shoreline erosion and sediment movement.

Recognize the role of seafloor features and ocean currents in shaping coastal changes.

Understand the relationship between sea level changes and geological or climatic factors.

Analyze the formation and evolution of coastal geographical features.

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Expensive Application

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