Your community requires the sewage treatment plant to process raw sewage so that it is safe to return the water to the environment.This is an example of:

Question

Quizplus · Accepted Answer

This is an example of an environmental standard, which sets a requirement for the sewage treatment plant to process raw sewage to make it safe for the environment. An emissions tax or tradable emissions permit could be used in other contexts to reduce pollution levels, but they are not directly applicable in the case of sewage treatment. The Coase theorem describes a situation where private parties can negotiate and arrive at an efficient solution to a pollution problem without government intervention, which is not applicable in this scenario.

Your Community Requires the Sewage Treatment Plant to Process Raw