_________ Policy means a government agency determines what is to be done and must have knowledge of marginal abatement costs and marginal damage functions.

___________Policy gets results from the interaction of many individual decision makers and individual interactions reveal information about marginal abatement costs and damage functions.

For a policy to be socially efficient it must not only be ______-______, but also balance costs with benefits

Technological change shifts the marginal abatement cost function _________.

A policy is cost-effective if:

A. it achieves a given amount of environmental improvement at the least possible cost.
B. it achieves a given amount of environmental improvement at the highest possible cost.
C. it achieves a low amount of environmental improvement at the least possible cost
D. none of the answers are corect.

Incentives for technological innovations cause:

A. shifts the marginal abatement cost function downward
B. new inventions become public goods
C. encourage new technology
D. All answers are correct.

A policy is efficient if it produces for society a maximum of net benefits and it occurs when marginal abatement costs equal marginal damages.

A. 对
B. 错

Efficiency is achieved using Centralised policies and Decentalised policies.

A. 对
B. 错

A policy is efficient if it produces for society a maximum of net benefits and it occurs when _______ ______ ____ equal marginal damages.

________ is achieved using Centralised policies and Decentalised policies.