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Please answer thes 2 part question 1 A & B Economists argue that instead of regulating behavior through command-and-control policies, the government could use market-oriented
Please answer thes 2 part question 1 A & B
Economists argue that instead of regulating behavior through command-and-control policies, the government could use market-oriented tools to achieve environmental goals. One such instrument is the marketable permit program. Which of the following statements about the marketable permits program is false? Select the best answer. Answer 2 Points Keyboard Shortcuts In a marketable pollution permits program, firms with low marginal costs of reducing pollution will sell their permits to other firms. Since the government distributes pollution permits to firms at no charge, firms with high abatement costs will be unwilling to pay for permits in the tradeable emissions permit market. The willingness to buy and sell the permits depends on a particular firm's cost of pollution abatement. Under the marketable permits program, the government will set the aggregate pollution for a particular area, issue just enough permits to meet the target, and allow firms to buy and sell the permits. Which statement is correct? Select the best answer. Answer 2 Points Biodiversity includes the full spectrum of animal and plant genetic material. High-income countries have always been environmentally friendly. The environmental problems of one country should not concern other countriesStep by Step Solution
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