Multiple Choice
In some industries, pollution rights are sold from one company that does not need them to another that does. In recent years, conservation groups have purchased pollution rights so they cannot be exercised. Companies in need of pollution rights would find that:
A) the supply of pollution rights had increased.
B) the prices of pollution rights had fallen.
C) the relative costs of pollution control equipment had gone up.
D) the relative costs of pollution control equipment had fallen.
Correct Answer:

Verified
Correct Answer:
Verified
Q30: The economic theory of regulation treats politicians
Q31: OSHA is charged with enforcing workplace safety
Q32: In some industries, pollution rights are sold
Q33: The problem with public goods is:<br>A) self-selection.<br>B)
Q34: A monopolist sets the price where marginal
Q35: If property rights are very hard to
Q36: Which of the following regulatory procedures transfers
Q38: In a regulatory environment, the number of
Q39: The idea that resource allocation can remain
Q40: The enforcement of contracts and the adjudication