1. a. Evaluate the use of technological attainability as the primary determinant of the effluent limitations.
b. Economically analyze the use of uniform technology-based effluent limitations.
2. Discuss any incentive or disincentive implications of the federal assistance programs for POTW construction.
3. As an alternative to standards, one policy proposal is the use of permit trading among point sources of water pollution. Give the major reason why this is advantageous (a) from an economic perspective and (b) from an environmental perspective.