QUESTION 10 Which of the following types of firms are likely to respond to a corrective tax by reducing their pollution emissions? Oa. Firms with high abatement costs Ob. Firms that love the environment Oc. Firms that want a boost to their public image O d. Firms with low abatement costs QUESTION 11 In a tradable pollution permits system which of the following types of firms are likely to do most of the pollution reduction Oa. Firms with high cost of reducing pollution b. Firms with low cost of reducing pollution c. Firms that pay low wages d. Firms that pay high wages QUESTION 12 Which of the following argues for private solutions to externalities? Oa. Pigovian Theorem b. Coase Theorem . OC. Smith Theorem Od. Folk Theorem.
QUESTION 10 Which of the following types of firms are likely to respond to a corrective tax by reducing their pollution emissions? Oa. Firms with high abatement costs Ob. Firms that love the environment Oc. Firms that want a boost to their public image O d. Firms with low abatement costs QUESTION 11 In a tradable pollution permits system which of the following types of firms are likely to do most of the pollution reduction Oa. Firms with high cost of reducing pollution b. Firms with low cost of reducing pollution c. Firms that pay low wages d. Firms that pay high wages QUESTION 12 Which of the following argues for private solutions to externalities? Oa. Pigovian Theorem b. Coase Theorem . OC. Smith Theorem Od. Folk Theorem.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![## Question 10
Which of the following types of firms are likely to respond to a corrective tax by reducing their pollution emissions?
- a. Firms with high abatement costs
- b. Firms that love the environment
- c. Firms that want a boost to their public image
- d. Firms with low abatement costs
## Question 11
In a tradable pollution permits system, which of the following types of firms are likely to do most of the pollution reduction?
- a. Firms with high cost of reducing pollution
- b. Firms with low cost of reducing pollution
- c. Firms that pay low wages
- d. Firms that pay high wages
## Question 12
Which of the following argues for private solutions to externalities?
- a. Pigovian Theorem
- b. Coase Theorem
- c. Smith Theorem
- d. Folk Theorem](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F92b72ece-115d-42e0-89d8-9d9093976b00%2F90d42783-b21e-4951-b94e-1666f8d40dcd%2Fqfms51d_processed.jpeg&w=3840&q=75)
Transcribed Image Text:## Question 10
Which of the following types of firms are likely to respond to a corrective tax by reducing their pollution emissions?
- a. Firms with high abatement costs
- b. Firms that love the environment
- c. Firms that want a boost to their public image
- d. Firms with low abatement costs
## Question 11
In a tradable pollution permits system, which of the following types of firms are likely to do most of the pollution reduction?
- a. Firms with high cost of reducing pollution
- b. Firms with low cost of reducing pollution
- c. Firms that pay low wages
- d. Firms that pay high wages
## Question 12
Which of the following argues for private solutions to externalities?
- a. Pigovian Theorem
- b. Coase Theorem
- c. Smith Theorem
- d. Folk Theorem
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