Recall the Application about how the price of pollution permits is determined to answer the following question(s).
-Recall the Application of how the European Union has a cap-and-trade system for CO₂ allowances.The demand of allowances is determined by different factors such as level of economic activity,fuel prices,and the weather.

Question

Quizplus · Accepted Answer

The Application describes how the demand for CO₂ allowances in the European Union cap-and-trade system is affected by factors such as economic activity, fuel prices, and weather. Therefore, the statement that "the demand of allowances is determined by different factors" is true.

Recall the Application About How the Price of Pollution Permits