One Advantage About an Emissions Permit System Is That

Multiple Choice

One advantage about an emissions permit system is that

A) it creates a "license to pollute," sure to be popular with environmentalists.
B) it reduces uncertainty about the quantity of pollution that will be emitted.
C) it is a direct control system and avoids the inefficiencies of a market.
D) permits can be handed out on the basis of need to protect firms from high costs.