Multiple Choice
Cap and trade is a _____ based plan. A limit is placed on emissions and prices are established in emissions permit markets. Emission taxes are a _______ based policy. A fee on emissions is set and the quantity of emissions is adjusted as polluters react to the fee.
A) price; quantity
B) quantity; price
C) technology; behavior
D) behavior; technology
Correct Answer:
Verified
Correct Answer:
Verified
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