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A System of Tradable Air Pollution Permits Has the Advantage

Question 21

Multiple Choice

A system of tradable air pollution permits has the advantage of


A) reducing the total amount of air pollution.
B) eliminating all environmental liability for participating polluters.
C) rewarding efficient abatement effort at the expense of inefficient abatement efforts.
D) ensuring that the goal amount of abatement occurs at the lowest social cost.

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