Complete these 3 multiple choices

Figure 8-2 The vertical distance between points A and B represents a tax in the market. T Price 12- 11 - 10 - Supply Demand -+ > 1 15 3 35 4 $ 5 Quantity Refer to Figure 8-2. Consumer surplus without the tax is $6, and consumer surplus with the tax is $1.50. O $6, and consumer surplus with the tax is $4.50. O $10, and consumer surplus with the tax is $1.50. O $10, and consumer surplus with the tax is $4.50. Which of the following is a difference between corrective taxes and tradable pollution permits? O Corrective taxes are a market-based solution while tradable pollution permits are a command-and-control policy. O With a corrective tax the government sets the price of pollution; with tradable pollution permits, demand and supply set the price of pollution. O With corrective taxes firms pay for pollution; with tradable pollution permits firms do not. O Corrective taxes internalize the pollution externality while tradable pollution permits do not. D Question 18 3 pts Patents do not O provide firms an incentive to research. O assign property rights to inventors. protect the rights of inventors for their lifetimes. O internalize externalities