Why would corrective taxes NOT be preferred over regulations in order to reduce pollution
A)They cause each factory to reduce pollution to the same maximum level.
B)They are a less costly solution to society than regulations.
C)They cause pollution levels to drop below the regulated amount.
D)They are a better solution for the environment than regulations.

Question

Quizplus · Accepted Answer

Corrective taxes are designed to provide economic incentives for polluters to reduce emissions, allowing each factory to decide how much to reduce based on their costs. Regulations, on the other hand, often require each factory to reduce pollution to the same maximum level, regardless of individual costs.

Why Would Corrective Taxes NOT Be Preferred Over Regulations in Order