Question: ( Last Word ) In a cap - and - trade program, Multiple Choice government fixes the maximum amount of a pollutant that firms can

(Last Word) In a cap-and-trade program,
Multiple Choice
government fixes the maximum amount of a pollutant that firms can discharge and issues permits that firms can buy from and sell to each other.
each firm is provided a fixed number of permits for a particular pollutant and no individual firm is allowed to acquire additional permits.
government fixes the price of pollution rights and firms choose how many permits to purchase.
( Last Word ) In a cap - and - trade program,

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