If a government chooses a system of marketable permits as its environmental managing tool, the reduction in pollution will

A. take place in the firms where it is least expensive to do so.
B. take place in every firm within the time set by the permit.
C. be initiated at the household level.
D. be rewarded with refundable charges.


A. take place in the firms where it is least expensive to do so.

Environmental & Atmospheric Sciences

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