Some economists believe that a command-and-control policy to reduce emissions is inequitable. One reason for their conclusion is that
A) such a policy is equivalent to economic totalitarianism.
B) historically such policies have driven firms out of business.
C) because of the bureaucracy involved, such policies are expensive to implement.
D) firms with different marginal costs of abatement might not be assigned a pollution level that sets marginal benefit equal to marginal cost.
Correct Answer:
Verified
Q147: An example of a command and control
Q148: An advantage of tradable permits over command
Q149: Which of these is NOT a market-based
Q150: Which of these is NOT a reason
Q151: Which of these thwarts the effectiveness of
Q153: Which policy is NOT market based?
A) emission
Q154: The less centralized an environmental policy is,
Q155: In the case of marketable permits, regulatory
Q156: In the marketable permit policy of abating
Q157: Which statement indicates a reason some policymakers
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