Multiple Choice
Which of the following would NOT be a consequence of switching entirely from fixed-percentage pollution reduction regulations to either a pollution tax or pollution permits?
A) The total cost of achieving a given reduction in pollution would fall.
B) The distribution of pollution reduction effort among firms would change.
C) Government revenue would rise.
D) The total amount of pollution emitted would,necessarily,rise.
E) The largest reductions in pollution emissions would come from those firms best able to reduce pollution.
Correct Answer:

Verified
Correct Answer:
Verified
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