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The environmental effectiveness and cost-effectiveness of cap-and-trade programs are dependent on a. how the regulatory authority specifies the cap b. how the regulatory authority determines

The environmental effectiveness and cost-effectiveness of cap-and-trade programs are dependent on

a. how the regulatory authority specifies the cap

b. how the regulatory authority determines the marginal cost for abating pollution

c. how state and federal legislations interact with each other

d. how the regulatory authority monitors the level of emissions

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