Markets for Pollution Rights

question 150

Multiple Choice

Markets for pollution rights

• A)have never been tried in the United States
• B)assign property rights to those who value them least
• C)allow the government to assign property rights
• D)enable those who value them most to pollute
• E)are less efficient than pollution standards

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Definitions:

Fair Allocations

The distribution of resources or goods among individuals or groups in a manner considered equitable, taking into account various fairness criteria.

Apples

Apples are a type of fruit that grow on the apple tree, known scientifically as Malus domestica, and are widely cultivated for their sweet taste and nutritional benefits.

Oranges

A citrus fruit known for its round shape, orange skin, and juicy flesh, often consumed fresh or as juice.

Borda Count

A voting method that assigns points based on the order of preference, determining the winner by the total points received.