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The Advantage of Using Command and Control to Solve an Externality

Question 36

Multiple Choice

The advantage of using command and control to solve an externality problem is that:


A) it is inflexible, and some problems require an inflexible approach.
B) it is a very flexible approach.
C) it solves the problem efficiently without the government requiring very much information.
D) it is usually the least costly approach.

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