Marketable permits are If the EPA sets the quantity of permi

Marketable permits are

If the EPA sets the quantity of permits correctly,

Fishing-industry experts believe that the most efficient way to maintain fishing stocks is by

Solution

Marketable permits are

Ans-
tradeable rights that allow the firms that hold them to emit a certain quantity of effluents per year.

If the EPA sets the quantity of permits correctly,

Ans –

it achieves the reduction in emissions it wants at minimal cost.

Fishing-industry experts believe that the most efficient way to maintain fishing stocks is by

Ans-

restricting the types of equipment that can be used.