According to Stephen Sugarman, performance-based regulation is:

Question

a. Where the government sets targets for how much harm is allowed for each product produced and the company is fined or penalized for any harm beyond the acceptable level.
b. Where the government creates a reporting structure for consumers to report corporation performance related to safety or environmental issues and then the government imposes fines by a specific formula for companies who exceed a certain number of negative reports.
c. Where consumer advocacy groups work with the independent agencies to determine which corporations are implementing best practices for consumer safety and then create regulations to impose those practices on other companies.
d. Where the government analyzes which companies make the most profit, indicating consumer approval of their performance on safety standards and then implement those companies' practices as legal standards.

Answer 1

A