Which of the following programs would most likely NOT be acceptable to an economist to reduce pollution caused by newspaper production?
A) Issuing certificates to all publishers to reduce the volume of paper but allowing firms to buy and sell the certificates.
B) Taxing the consumers of newspaper who buy subscriptions.
C) Limiting the number of newspaper subscriptions to one per household.
D) Ensuring that the social cost of buying a newspaper is reflected in its price.
E) Ensuring that the social benefit of buying a newspaper is reflected in its price.

Question

Quizplus · Accepted Answer

Limiting the number of newspaper subscriptions to one per household is a direct restriction on consumer behavior, which is generally not favored by economists as it can lead to inefficiencies and does not address the root cause of pollution. Economists typically prefer market-based solutions like taxes or tradable permits that internalize externalities.

Which of the Following Programs Would Most Likely NOT Be