Suppose environmental groups pressure the local government to reduce the number of pollution rights to be sold. Other things equal,
a. pollution would not be affected
b. the price of pollution rights would rise, and the amount of pollution would decrease
c. the price of pollution rights would fall, and the amount of pollution would decrease
d. the price of pollution rights would fall, and the amount of pollution would increase
e. the price of pollution rights would rise, and the amount of pollution would increase
B
Economics
You might also like to view...
By 2006, about ________ of all U.S mortgages were subprimes
A) 10% B) 20% C) 30% D) 25%
Economics
A mail-order clothing company offers a discount if customers purchase two shirts instead of only one. This is necessarily an example of quantity discrimination
Indicate whether the statement is true or false
Economics