An emission charge
a. takes advantage of firms’ natural profit incentive
b. cannot achieve a least-cost solution
c. offers no revenue stream to governments
d. has no effect on product pricing
a. takes advantage of firms’ natural profit incentive
You might also like to view...
Which of the following is not a function of the Federal Reserve System?
a. limiting the national debt b. setting the required reserve ratio for the deposit holdings of depository institutions c. buying and selling government bonds to control the size and growth rate of the money supply d. controlling inflation
Studies indicate that the price elasticity of demand for beer is about 0.9 . A government policy aimed at reducing beer consumption changed the price of a case of beer from $10 to $20 . According to the midpoint method, the government policy should have reduced beer consumption by
a. 30%. b. 40%. c. 60%. d. 74%.