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Question Completion Status: QUESTION 1 When comparing the two market failure examples of worldwide climate change and localized watershed pollution, market-oriented, bargaining solutions are going

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Question Completion Status: QUESTION 1 When comparing the two market failure examples of worldwide climate change and localized watershed pollution, market-oriented, bargaining solutions are going to be (enter only: "more" or "less") feasible to apply for correcting climate change because negotiation costs for the entire world population are (enter only: "high" or "low"), and establishing property rights for carbon emissions is enter only: "easy" or "difficult"). QUESTION 2 What might be the most effective market-oriented fix for a negative externality in production? tradable permits corrective taxes quantity restrictions subsidize small firms QUESTION 3

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