ngmasuku4685 ngmasuku4685

04-05-2024
Business

Answered

An ITQ _______.

A. results in an efficient outcome because the market price equals the marginal social benefit minus the marginal social cost
B. results in an efficient outcome because no one has an incentive to cheat and exceed the quota
C. is inefficient because individuals are free to transfer the quota to someone else
D. is inefficient because individual firms have different marginal costs

Answer :

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