What is emission controls on automobiles an example of
A)a collective tax on automobiles, based on how much they pollute
B)a command-and-control policy to increase social efficiency
C)a policy that reduces pollution by allocating resources through market mechanisms
D)a policy to reduce congestion on urban highways

Question

Quizplus · Accepted Answer

Emission controls on automobiles are an example of a command-and-control policy to increase social efficiency. These policies are designed to correct market failures by setting standards or limits on pollution levels.

What Is Emission Controls on Automobiles an Example of