It has been proposed that a government agency be charged with the responsibility for determining the amount of pollution that the atmosphere or a body of water can safely recycle,and selling these limited rights to polluters.From an economist's perspective,what would be the advantage of such a market for pollution rights?

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The advantage of such a market for pollution rights would be that it creates economic incentives for polluters to reduce their emissions so that they can stay within the limits set by the government agency. This would help maintain the quality of water or air at some acceptable standard while also allowing businesses to continue functioning. By being charged for the right to pollute, companies will have an added motive to reduce emissions and innovate ways to facilitate clean production. It also allows for individual polluters who can reduce emissions to sell their pollution rights to others who are not able to reduce as much, which will stimulate the creation of a market for environmental concerns.

It Has Been Proposed That a Government Agency Be Charged