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In Most Cases,pollution Taxes Are More Efficient Than Command-And-Control Policies

Question 7

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

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