Figure 4.4.4
-Refer to Figure 4.4.4 above. A demand for clean air, like the one in the figure is:
A) the actual demand in the market for tradable permits to pollute.
B) a demand derived from the differences in the willingness to pay for housing in cleaner or dirtier cities.
C) a demand approximately like the one estimated by the Environmental Protection Agency in the United States.
D) only a hypothetical demand.
Correct Answer:
Verified
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