Multiple Choice
Figure 5-10
Chicken pox vaccinations for toddlers benefit society by protecting young children and by preventing an epidemic of the disease. Thus, the social benefits of chicken pox vaccinations exceed the private benefit for any quantity of vaccinations as illustrated in Figure 5-10.
-A major problem with using tradable emissions allowance system to control pollution is
A) that it grants firms a license to pollute.
B) the difficulty in determining the emissions target.
C) that it discourages firms from implementing cost-effective pollution control technology.
D) that it does not eliminate pollution completely.
Correct Answer:
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