Those firms in the oil refining industry that can reduce pollution _______ will do so _______.
A) for a flat charge; at the industrial level
B) cheaply and easily; to minimize their pollution taxes
C) for a flat charge; with the most expensive technologies
D) cheaply and easily; with the most expensive technologies

Question

Quizplus · Accepted Answer

Firms are motivated to reduce pollution in the most cost-effective manner, which means doing so cheaply and easily, and a significant incentive for this is to minimize their pollution taxes.

Those Firms in the Oil Refining Industry That Can Reduce