5th Guy Flashcards

(8 cards)

1
Q

Name 3 abatement lol Ike’s that address environmental damage

A

Discovering and adopting technologies that are less polluting
Choosing to consume fewer or less environmentally damaging goods
Banning or limiting the use of environmentally harmful substances

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2
Q

What does the abatement cost curve show

A

The per unit cost of abating greenhouse gas emissions using abatement policies ranked form the most cost effective to least

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3
Q

What do abatement policies address

A

Climate change

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4
Q

What does the degree of abatement depend on

A

Relative costs and benefits

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5
Q

What does the least cost abatement curve show

A

Gives all the combinations of expenditures and results abatement when the lowest cost changes are introduced first and the higher cost ones are introduced later

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6
Q

What is a regressive tax

A

Takes a higher percentage of tax revenue from those of low incomes

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7
Q

What is the demand for sugary drinks

A

Inelastic

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8
Q

Is the sugar tax progressive and if so why

A
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