Direct pollution controls are usually inefficient because they
A) do not achieve the targeted amount of pollution abatement.
B) lead all firms to abate less pollution than the socially optimal amount.
C) lead all firms to abate more pollution than the socially optimal amount.
D) are controlling quantities of pollution abatement as opposed to prices.
E) do not minimize the total cost of a given amount of abatement.
Correct Answer:
Verified
Q99: An important reason that direct controls are
Q100: Refer to Figure 17- 4.Ignore the horizontal
Q101: The diagram below shows a market for
Q102: The diagram below shows a market for
Q103: The diagram below shows the marginal cost
Q104: The diagram below shows the private and
Q105: The optimal amount of pollution abatement is
Q107: Consider a coal- fired electric- power plant
Q108: The table below shows the marginal
Q109: Federal regulation aimed at reducing greenhouse- gas
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