______ make(s) it is illegal for a manufacturer to release its waste into a nearby stream.
A) Legislative transaction costs
B) Tradable pollution permits
C) A command-and-control policy
D) A market-based policy

Question

Quizplus · Accepted Answer

A command-and-control policy establishes specific regulations or standards that must be followed by firms in order to minimize negative externalities such as pollution. In this case, the policy makes it illegal for a manufacturer to release waste into a nearby stream.

______ Make(s) It Is Illegal for a Manufacturer to Release