Regulations that strictly limit pollution
A) provide firms no incentives to reduce pollution once a standard is met.
B) provide no incentives for firms to discover loopholes in the regulations.
C) tend to be an economically efficient way to reduce pollution.
D) has been a simple way for some firms to reduce pollution to zero.
Correct Answer:
Verified
Q126: Empirical evidence indicates that imposing taxes on
Q127: Direct controls
A)have not been tried in practice,
Q128: In contrast to the need for legal
Q129: During the Trump administration, environmental fines and
Q130: The use of tax penalties to control
Q132: Taking advantage of the built-in-loophole in emission
Q133: Taxes on emissions have
A)led to firms discovering
Q134: Economists generally prefer to deal with emissions
Q135: Prohibiting the use of "dirty" fuels by
Q136: Many economists argue that the most efficient
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