The most significant disadvantage of command and control methods in the environmental area is that they
A) ignore transactions costs.
B) do not allow firms to find other, cheaper ways to reduce pollution.
C) allow firms to seek private remedies.
D) are not effective.
E) provide incentives for firm free-riding.
Correct Answer:
Verified
Q101: If burning coal creates a pollution externality,
Q102: Under a command and control restriction, firms
Q103: If a good's production process results in
Q104: One alternative to command and control techniques
Q105: Reducing pollution by regulating what firms or
Q107: When transactions costs are high or free-rider
Q108: If college education produces a positive externality,
Q109: Agencies such as the Environmental Protection Agency
Q110: If government uses taxation to correct for
Q111: A command and control restriction could
A)raise prices
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