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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