What do economists call policies that mandate the installation of specific pollution control devices?
A)Welfare policies
B)Benefit policies
C)Command and control policies
D)Incentive policies

Question

Quizplus · Accepted Answer

Economists call policies that mandate the installation of specific pollution control devices as "command and control policies". These policies are typically seen as less efficient and flexible than incentive policies, which provide financial or other incentives for reductions in pollution, rather than mandating specific technology or methods.

What Do Economists Call Policies That Mandate the Installation of Specific