In general, the command-and-control approach to correcting pollution problems is:
A) favored by economists over all other approaches.
B) favored by economists over taxes but not over other approaches.
C) favored by economists over other approaches but not over taxes.
D) not favored by economists over other approaches.

Question

Quizplus · Accepted Answer

The command-and-control approach involves setting specific regulations and standards for pollution control, which can be inflexible and costly. Economists tend to favor market-based approaches like taxes and cap-and-trade systems, which can provide incentives for firms to reduce pollution while allowing for flexibility in how they achieve those reductions. Therefore, the command-and-control approach is not favored by economists over other approaches.

In General, the Command-And-Control Approach to Correcting Pollution Problems Is