A command-and-control approach to environmental policy
A) requires that the least amount of resources be used to achieve an objective
B) uses incentives to encourage pollution reduction
C) uses limits or restrictions to directly regulate polluters
D) is rarely used by governments in the United States and other nations
Correct Answer:
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Q30: According to the criteria of cost-effectiveness, an
Q31: A performance-based standard
A) specifies a pollution limit
Q32: A benefit-based standard
A) is one that balances
Q33: The marginal social benefit (MSB) of abatement
Q34: To determine the marginal social cost
Q35: Suppose that two firms, X and Y,
Q36: Based on the criteria of allocative efficiency,
Q38: The marginal cost of enforcement (MCE)
A) is
Q39: It is highly unlikely that environmental standards
Q40: If an abatement standard is set to
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