Question

If there were a market for pollution rights established by a public agency that determined the amount of pollution that the atmosphere or a body of water can safely absorb, and the agency sold these rights to polluters, we could expect that:
A.the price of these pollution rights would increase over time as the economy grows.
B.there would be a surplus of pollution rights.
C.there would be a shortage of pollution rights.
D.there would be a black market for pollution rights.

Answer

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