If the government were to limit the release of air pollution produced by a chemical company to 20,000 units,this policy would be considered a
A) command-and-control policy.
B) subsidy.
C) market-based solution.
D) tax.

Question

Quizplus · Accepted Answer

This policy is considered a command-and-control policy because it sets a specific limit on the amount of pollution a company can emit, regardless of economic or market factors.

If the Government Were to Limit the Release of Air