Which of the following is NOT an examples of ways in which microeconomic analysis can help in designing environmental policy?
A) Determining the optimal level of vehicle tailpipe emissions standards
B) Designing laws to provide incentives for firms to implement clean technologies in new vehicles
C) Lobbying consumers and firms to reduce consumption of energy
D) Examining the tradeoffs between ecological benefits of environmental legislation and its impacts on consumers' standard of living
Correct Answer:
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