In effect, the production of power (electricity) without pollution control leads to production distortions and is equivalent to

Question

Quizplus · Accepted Answer

Both A and B are correct because they both represent government policies that lead to production distortions. Public subsidies for agriculture lead to overproduction of agricultural products, while coastal flood zone insurance leads to increased development in flood-prone areas.

In Effect, the Production of Power (Electricity) Without Pollution Control