Because in any period of time and in any region the quantity of pollutants that can be absorbed by nature is fixed,the supply of pollutant rights will be perfectly elastic.

Question

Quizplus · Accepted Answer

The statement is false. The supply of pollutant rights is not perfectly elastic because there are limits to the capacity of nature to absorb pollutants. The availability of pollutant rights will depend on the level of pollution allowed by regulations and the willingness of governments and organizations to implement and enforce them.

Because in Any Period of Time and in Any Region