Question

In: Economics

Q15:A policy that requires all polluters to reduce emissions by 30% is A. equitable B. efficient...

Q15:A policy that requires all polluters to reduce emissions by 30% is

A. equitable

B. efficient

C. Flexible

D. None of the above

Q16:An efficient level of emissions is reached when

A. MD is minimized

B.MAC is minimized

C. MD=MAC

Solutions

Expert Solution

1 - Option A

Equitable

Since the policy is for all , the rate is same , hence equity is being ensured here. Equity and efficiency often contradict each other. Hence Option A will be correct

2 - Option C

MD = MAC

This is the efficient level of emmision.


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