Which of the following is not an advantage of transferable pollution rights? a. They create incentives for
Question:
Which of the following is not an advantage of transferable pollution rights?
a. They create incentives for polluters to develop cheaper ways to reduce pollution.
b. They allow the greatest value of output to be produced with a given amount of pollution.
c. They require polluters to reduce emissions, regardless of the cost.
d. The rights are private property and may be bought or sold freely.
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