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

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

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

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Technological change shifts the marginal abatement cost function _________.

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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.

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_________ 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:

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