Cap and trade is a __--- based plan. A limit is placed on emissions and prices are established in emissions permit markets. based Emission taxes are a policy. A fee on emissions is set and the quantity of emissions is adjusted as polluters react to the fee. a. behavior; technology b. technology; behavior c. quantity; price d. price; quantity
Cap and trade is a __--- based plan. A limit is placed on emissions and prices are established in emissions permit markets. based Emission taxes are a policy. A fee on emissions is set and the quantity of emissions is adjusted as polluters react to the fee. a. behavior; technology b. technology; behavior c. quantity; price d. price; quantity
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Cap and trade is a __--- based plan. A
limit is placed on emissions and prices are
established in emissions permit markets.
Emission taxes are a
based
policy. A fee on emissions is set and the
quantity of emissions is adjusted as
polluters react to the fee.
a. behavior; technology
b. technology; behavior
c. quantity; price
d. price; quantity](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2d157c96-672b-4c0b-b163-87ac49a64dfd%2F6deaffd9-6808-408d-a351-2f3984ddf761%2Fs6fgfrg_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Cap and trade is a __--- based plan. A
limit is placed on emissions and prices are
established in emissions permit markets.
Emission taxes are a
based
policy. A fee on emissions is set and the
quantity of emissions is adjusted as
polluters react to the fee.
a. behavior; technology
b. technology; behavior
c. quantity; price
d. price; quantity
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