Answer to Question #71852 in Microeconomics for daniel

Question #71852
Tradable allowances are like quotas in that they both:
A.
limit the quantity bought and sold to the efficient level.
B.
maximize surplus.
C.
are efficient.
D.
All of these statements are true.
1
Expert's answer
2017-12-14T09:26:06-0500
Tradable allowances are like quotas in that they both limit the quantity bought and sold to the efficient level.
So, the correct answer is A.

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