Most economists prefer corrective taxes to regulation as a way to correct the problem of pollution because the market-based solution
A)is less efficient.
B)can result in a greater increase in pollution.
C)lowers revenue for the government.
D)is less costly to society.

Question

Quizplus · Accepted Answer

Corrective taxes are preferred because they are less costly to society overall, allowing for a more efficient allocation of resources compared to direct regulation.

Most Economists Prefer Corrective Taxes to Regulation as a Way