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If the paint on your house was eaten away by the fumes from a factory nearby and you hired a lawyer to sue the polluting firm, your legal fees would be considered Select one: a. transaction costs. O b. external costs. O c. social costs of pollution. O d. marginal benefits. Clear my choiceThe EPA requires coal power plants install SO2 scrubbers, which remove SO2 emissions from exhaust. The SO2 scrubber is an example of a: Select one: O a. Government quota b. Pigouvian Tax O c. Technology Standard O d. Performance Standard Clear my choiceIn what ways can pollution control regulation be considered a public good?Describe two benefits of the SO2 cap and trade program. Where did the largest benefits come from