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In some cases, pollution permits may be better than a Pigovian tax because: a.pollution is difficult to measureb.pollution permits generate more revenue for the government
In some cases, pollution permits may be better than a Pigovian tax because:
a.pollution is difficult to measureb.pollution permits generate more revenue for the government than a Pigovian taxc.Pigovian taxes reduce pollution by a greater amount than pollution permitsd.the government has more explicit control over the quantity of pollution created with permits
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