Multiple Choice
Which of the following is an advantage to the pollution-rights approach to environmental quality?
A) Polluters are compelled to clean up completely.
B) Polluters have appropriate incentives to clean up.
C) This is a method of direct government regulation.
D) Compliance with legal guidelines is discretionary.
Correct Answer:

Verified
Correct Answer:
Verified
Q175: Depletable resource prices change over time depending
Q176: The government prefers a market-based approach to
Q177: Price controls would ordinarily be used to
Q178: Cap-and-trade programs limit pollution by selling firms
Q179: Which of the following statements about waste
Q181: The price of an exhaustible resource sold
Q182: Among the factors that might lead to
Q183: Most economists agree that exclusive reliance on
Q184: Steps taken to clean the environment may
Q185: How does the price system cope with