One of the reasons why firms pollute the air is that
A) use of the air is not easily excludable.
B) use of the air is costless to society.
C) use of the air is excludable.
D) moral hazard creates incentives to pollute the air.
Correct Answer:
Verified
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A)Competitive markets
A)Marginal
A)nondepleteable and nonexcludable.
B)depleteable and excludable.
C)nondepleteable
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