According to many economists, the role of government activity in the area of pollution is to:
A) reduce the level of emissions as far as possible.
B) achieve the least-cost way of reducing the level of emissions.
C) achieve the efficient level of pollution by reducing the costs of pollution, which will always increase the benefits to society.
D) reduce emissions whenever the marginal cost exceeds a predetermined level set by the courts.
Correct Answer:
Verified
Q79: Efforts to persuade people not to pollute
Q80: A regulatory approach that establishes a level
Q81: In general, the command-and-control approach to correcting
Q82: An incentive approach to pollution control is:
A)
Q83: The organized exchange of licenses that enable
Q85: Marketable pollution permits are a(n):
A) tax system
Q86: Marketable pollution permits reduce pollution by:
A) promoting
Q87: Creating market-like _ to encourage reductions in
Q88: Markets allocate resources _ when the _
Q89: A charge that is equal to the
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