Tradable allowances are like quotas in that they both:
A) reduce the quantity bought and sold to the efficient level.
B) maximize surplus.
C) are efficient.
D) All of these statements are true.

Question

Quizplus · Accepted Answer

The Answer of Tradable allowances are like quotas in that they both:
A) reduce the quantity bought and sold to the efficient level.
B) maximize surplus.
C) are efficient.
D) All of these statements are true.

Tradable Allowances Are Like Quotas in That They Both