The primary difficulty with command and control pollution regulation is that: a. It requires significant information to impose correct limits. b. It is costly for regulators to impose. c. It does not encourage the best use of abatement technologies. d. It has high compliance costs. e. All of the above..
The primary difficulty with command and control pollution regulation is that: a. It requires significant information to impose correct limits. b. It is costly for regulators to impose. c. It does not encourage the best use of abatement technologies. d. It has high compliance costs. e. All of the above..
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter12: Environmental Protection And Negative Externalities
Section: Chapter Questions
Problem 33CTQ: Is zero pollution possible under a marketable permits system? Why or why not?
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Question
The primary difficulty with command and control pollution regulation is that:
a.
It requires significant information to impose correct limits.
b.
It is costly for regulators to impose.
c.
It does not encourage the best use of abatement technologies.
d.
It has high compliance costs.
e.
All of the above..
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