Multiple Choice
Which of the following is true of environmental degradation?
(i) it is a common resource problem
(ii) it can be remedied through Pigovian taxes
(iii) it is a form of market failure
(iv) it is always best resolved by direct regulation
A) (i) , (ii) and (iii)
B) (i) and (ii)
C) (i) and (iii)
D) (i) , (iii) and (iv)
Correct Answer:
Verified
Correct Answer:
Verified
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