Transferable pollution rights allow a given level of pollution reduction to be achieved:
a. at zero cost
b. at higher cost than compliance standards.
c. at lower cost than compliance standards.
d. at higher cost than a system of pollution taxes.
c
Economics
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If an individual labor supply curve bends backward at some high wage, so does the market labor supply curve
a. True b. False Indicate whether the statement is true or false
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