The advantage of using command and control to solve an externality problem is that:
A) it is inflexible, and some problems require an inflexible approach.
B) it is a very flexible approach.
C) it solves the problem efficiently without the government requiring very much information.
D) it is usually the least costly approach.

Question

Quizplus · Accepted Answer

Command and control approaches are often inflexible, which can be advantageous in situations where strict regulations are necessary to address certain externalities effectively.

The Advantage of Using Command and Control to Solve an Externality