Question
According to economists, particularly Coase, pollution should continue to exist Answer Options: a. because markets can optimize the correct amount of pollution, and individual groups
According to economists, particularly Coase, pollution should continue to exist
Answer Options:
a. because markets can optimize the correct amount of pollution, and individual groups who are impacted by the pollution are worthless and have no right to participate in the market.
b. because pollution can be sold as a credit on the open market, and individual groups who are impacted by the pollution can also trade pollution credits by negotiating directly with the polluters to reach the optimal level.
c. because markets can optimize the correct amount of pollution, and individual groups who are impacted by the pollution must negotiate directly with the polluters to reach the optimal level.
d. because markets can optimize the correct amount of pollution, which only occurs in developing countries, so the people impacted by the pollution are the ones making it since they work in the factories.
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