These answers are not correct, I dont know if they are correct or not, I mostly

Question

These answers are not correct, I dont know if they are correct or not, I mostly guessed them. please give me the right ones. please check my other questions.

Tradable emissions permits are used to: reduce sulfur dioxide emissions by requiring firms to pay a pollution tax. encourage firms to reduce sulfur dioxide emissions by allowing the sale of excess permits, decrease consumption as the producer passes the full cost of the permit onto the consumer. impose a tax on SO2 emissions that is paid by the firm and is a source of tax revenues for the federal government. The optimal Pigouvian tax is equal to the marginal social: benefit of pollution at the market-determined level of pollution. cost of pollution at the market-determined level of pollution, cost of pollution at the socially optimal quantity of pollution, benefit when there is zero pollution. Apartment dwellers near Wrigley Field in Chicago are often able to watch the Chicago Cubs baseball team play from the roof of their apartment building, without having to pay the cost of buying a ticket. This is an example of a: negative externality. marginal social cost. positive externality. deadweight loss. The Coase theorem asserts that: government intervention is necessary to deal with externalities. when there are external costs, the industry supply curve reflects the true social costs. when externalities are present, an economy can reach an efficient solution as long as transactions costs are not too high. there are no costs associated with pollution abatement.

Explanation / Answer

21 C

22 D

23 A

24 D

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.