Like Negative Externalities,tradable Permits Are Useful in Allocating Common Resources

Multiple Choice

Like negative externalities,tradable permits are useful in allocating common resources because:

A) the depletion of common resources imposes a negative externality.
B) the problem present in both is overconsumption.
C) the socially optimal quantity is not the same as the individual consumers in either case.
D) All of these statements are true.