A regulatory approach that establishes a level of output or activity that a business must either meet or not exceed is:
A) a tax.
B) a marketable permit.
C) moral suasion.
D) command and control.

Question

Quizplus · Accepted Answer

The regulatory approach that establishes a level of output or activity that a business must either meet or not exceed is referred to as "command and control." This method involves setting specific limits or standards for various aspects of a business's operations, and then enforcing those limits through a system of penalties or fines for noncompliance. While this approach is effective in ensuring that businesses adhere to specific standards, it can also be seen as somewhat rigid and inflexible, and may not always be the most efficient or cost-effective way of achieving regulatory goals.

A Regulatory Approach That Establishes a Level of Output or Activity