Indicate whether the statements below are true or false. Pollution taxes are mor

Question

Indicate whether the statements below are true or false. Pollution taxes are more effective at reducing pollution than marketable permits. Marketable permits typically achieve pollution reduction at a lower cost than command-and-control regulation. The term "cap and trade" describes regulation by r marketable permits. Marketable permits provide their owners with the right to pollute a specified amount. Compared with no regulation, regulation with marketable permits increases firms' costs. Marketable permits are not as effective as pollution taxes at reducing pollution.

Explanation / Answer

Pollution taxes are more effective at reducing pollution than marketable permit- FALSE

Marketable permits typically achieve pollution reduction at a lower cost than command-control regulation- TRUE

The term "Cap and trade" describes regulation by marketable permits- TRUE

Marketable permits provide their owners with the right to pollute a specified amount- TRUE

Compared with no regulation, regulation with marketable permits increases firms' cost- TRUE

Marketable permits are not as effective as pollution taxes at reducing pollution- FALSE.

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

---

---

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