An advantage emission taxes and permits have over direct controls is that the former
a. work well even if pollution output cannot be accurately measured.
b. can respond quickly to new information about the dangers of particular pollutants.
c. make it in firms' interests to reduce pollution in the most efficient manner possible.
d. reduce pollution to zero.
c
Economics
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A monopsony is a term used to refer to a firm that is the sole seller of a good or service
Indicate whether the statement is true or false
Economics
Countries tend to be classified as more or less developed based on
a. the literacy rate. b. the poverty rate. c. the level of income per capita. d. the types of goods they produce.
Economics