Multiple Choice
In most cases,pollution taxes are more efficient than command-and-control policies at achieving a desired reduction in the level of pollution because
A) they can reduce the level of pollution at a lower cost to society.
B) the market price and quantity are not affected.
C) they make the firm pay for the pollution that they generate.
D) all of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Recall the Application about how the price
Q3: A market for pollution permits can efficiently
Q4: Which of the following would be classified
Q5: What role can the government play in
Q6: The automobile is the biggest source of
Q8: One advantage of command-and-control policy is its
Q9: To internalize the external costs from traffic
Q10: If,while producing goods and services,a factory is
Q11: A tax or charge equal to the
Q12: What is an external cost?