Statistical studies suggest that the cost of direct controls for any target level of pollution is
A)much higher than the cost of taxes on emissions.
B)about the same as the cost of taxes on emissions.
C)lower than the cost of taxes on emissions.
D)impossible to compare to the cost of taxes on emissions.

Question

Quizplus · Accepted Answer

Direct controls, such as regulations and mandates on specific technologies or processes, are often less flexible and more costly for businesses to comply with compared to taxes on emissions. Taxes on emissions provide an economic incentive for companies to reduce pollution in the most cost-effective way possible, allowing for more innovation and efficiency in achieving environmental goals.

Statistical Studies Suggest That the Cost of Direct Controls for Any