If a government determines how much and how a polluter must adjust emissions, it is using:

Question

Quizplus · Accepted Answer

Command and control refers to a regulatory approach where the government sets specific standards and requirements for pollution control that companies must follow. This is different from a tax or moral suasion, where companies have more flexibility in how they reduce their emissions. Moral hazard refers to a situation where a company may take more risks or act more recklessly because they are insulated from the full consequences of their actions, which is not applicable in this scenario.

If a Government Determines How Much and How a Polluter