Which of the following is not true about a cap-and-trade system: select one:
a. a cap-and-t...
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Which of the following is not true about a cap-and-trade system: select one:
a. a cap-and-trade system is considered a market based policy instrument
b. the marginal cost of abatement will be equal across all firms
c. a cap-and-trade system is considered a command and control regulation
d. the low abatement cost firms will sell permits to high abatement cost firms
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Answers: 2
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