Tradable pollution permits can lower the cost of reducing pollution because Group of answer choices the government standards are lower. the system is easier to setup and control. some firms can reduce pollution at a lower cost than others.

Tradable pollution permits can lower the cost of reducing pollution because Group of answer choices the government standards are lower. the system is easier to setup and control. some firms can reduce pollution at a lower cost than others.

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter17: Market Failure: Externalities, Public Goods, And Asymmetric Information

Section: Chapter Questions

Problem 3WNG

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Question

Tradable pollution permits can lower the cost of reducing pollution because

Group of answer choices

the government standards are lower.

the system is easier to setup and control.

some firms can reduce pollution at a lower cost than others.

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