Command-and-control policies usually
A) result in higher costs for firms when compared to pollution taxes.
B) don't raise prices as much to consumers as do pollution taxes.
C) result in less pollution being produced than when pollution taxes are used.
D) result in lower costs for firms when compared to pollution taxes.

Question

Quizplus · Accepted Answer

Command-and-control policies (such as setting emissions standards) require firms to achieve a certain level of pollution control, which may be more expensive than pollution taxes. Pollution taxes, on the other hand, provide a financial incentive for firms to reduce emissions, and they can often achieve the same level of pollution control at a lower cost.

Command-And-Control Policies Usually