Markets for pollution rights _____
A)assign property rights to those firms which have high market shares.
B)assign property rights to those who value them least.
C)allow the government to assign property rights.
D)enable those who value them most to pollute.
E)requires government intervention.

Question

Quizplus · Accepted Answer

Markets for pollution rights allow firms that value the right to pollute the most to purchase these rights, thus enabling them to pollute within the limits set by the market.

Markets for Pollution Rights _____