Multiple Choice
An advantage of direct regulation as a method of controlling pollution is that
A) The optimal level of pollution control can be easily determined
B) Pollution reduction quotas can be varied to remove pollution where it is least costly
C) Emission control standards can be enforced readily
D) Changes in the market are automatically
E) It seems straightforward and fair
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Costs incurred by the producer for the
Q2: When the marginal private benefit of an
Q4: When pollution rights markets are created,those firms
Q5: Water pollution is measured in terms of
Q6: Federal grants made to state and local
Q7: When MPC is less than MSC,<br>A)Firms will
Q8: Direct prohibition of pollution has the disadvantage
Q9: An upstream paper mill pollutes water used
Q10: The most efficient way to control pollution
Q11: Net social benefits will always be increased