Hi! Please help me choose the best answer. No explanation needed. Thanks!

1) select all public policies below by the government that can mitigate externalities

a. issue permits (similar results to imposing corrective taxes on polluters)

b. apply the coase theorem

c. bargain and efficient coordination

d. internalizes an externality using corrective taxes

e. behavior regulation

2) select private solution/s or arrangement/s to have an efficient outcome given the below scenario?

-jane can legally compel tarzan to get rid of his monkey

-tarzan gets a $700 benefit from having his monkey

-jane bears a $500 cost from the monkey's noise

a. tarzan pays jane $650 to put up with monkey's noise

b. tarzan pays jane $600 to put up with monkey's noise

c. tarzan pays jane $750 to put up with monkey's noise

d. jane pays tarzan $800 to get rid of tarzan's monkey

e. tarzan pays jane $450 to put up with monkey's noise

3) given a known demand curve of pollution, is corrective tax better than tradable permits? why?

a. no. they have the same effect since it results in pollution reduction being concentrated among the firms with the lowest costs with regard to their pollution abatement

b. yes. this is because it gives revenue to the government unlike tradable pollution permits

c. yes. this is because taxation is imposed stricter than tradable pollution permits

d. need more information to assess the impact of the two policies