While Politicians and the General Public Often Favor a "Command-And-Control

Multiple Choice

While politicians and the general public often favor a "command-and-control" approach to the reduction of greenhouse gases, many economists favor market-based policies because they

A) completely eliminate negative externalities.
B) rely on economic incentives rather than on administrative rules.
C) convert all negative externalities into positive externalities.
D) eliminate the need for government involvement in all pollution regulation.