Factory A can reduce emissions at a cost of $250 per ton. Factory B can reduce emissions at a cost of $400 per ton. In a system in which the government issues transferable pollution right at a price of $200 per ton:

a. Factory A can profit from selling its pollution rights to Factory B.
b. Both firms have an incentive to buy pollution rights
c. Factory B can profit from selling its pollution rights to Factory A.
d. Both firms have an incentive to sell pollution rights.

b

Economics

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The average starting salary for a history major is $29,500. If the CPI was 147.5, the real salary is

A) $200.00 an hour. B) $20,000. C) $35,000. D) $43,513. E) $14,750.

Economics

Which of the following groups within the Federal Reserve System is primarily concerned with public relations?

A) The Federal Open Market Committee B) The Federal Advisory Council C) The Federal Reserve Bank presidents D) The Board of Governors

Economics