Tuesday, November 12, 2013

Economics

Homework due Wednesday, November 13

Read:  “Cap and Trade: Essentials”
           “How Cap and Trade Works”

Write answers to the following:
            1. What is cap and trade attempting to regulate?
            2. What is meant by “cap”?  What is meant by “trade”
            3. How is this an example of a solution to market failure?

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