A marketable permit
A) allows firms to pollute all they want without any cost.
B) allows firms to buy and sell the right to pollute at government controlled prices.
C) eliminates pollution by setting the price of pollution permits above the marginal cost of polluting.
D) allows firms to buy and sell the right to pollute.
E) is the Coase theorem solution to pollution.
D
Economics
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Wages that are "sticky":
A. pull other prices up or down with them when they change. B. have not changed, in real terms, for decades. C. are stuck where they are and fail to adjust downwards in a recession. D. are pegged to other variables, such as product prices.
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What is the main purpose of an interest payment? What major factors affect interest rates?
What will be an ideal response?
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