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Business, 24.02.2020 22:45 makaylaf16571
In many cases selling pollution permits is a better method for reducing pollution than imposing a corrective tax becauseA. Corrective taxes provide greater flexibility to firms that can reduce pollution at a low cost. B. it is hard to estimate the market demand curve and thus charge the "right" corrective tax. C. Corrective taxes distort incentives. D. selling pollution permits create a net increase in pollution.
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