Command-and-control policies usually:
A. result in higher costs for firms when compared to pollution taxes.
B. don't raise prices as much to consumers as do pollution taxes.
C. result in less pollution being produced than when pollution taxes are used.
D. result in lower costs for firms when compared to pollution taxes.
Answer: A
You might also like to view...
According to Keynes, an individual's level of saving is primarily determined by
A) the individual's current level of disposable real income. B) the individual's assessment of the future direction of the stock market. C) real Gross Domestic Product (GDP) for the economy. D) the interest rate.
We assume that in the short run in a perfectly competitive market the:
A. number of firms is fixed. B. total quantity supplied is fixed. C. price is fixed. D. All of these are true of the short run.
The point where a firm lacks enough revenue to cover its variable costs is called the:
a. point of perfect competition. b. shutdown point. c. point of no return. d. fixed cost point.
The organization of petroleum exporting countries (OPEC) is an example of a(n)
A) oil monopoly B) cartel C) competitive arrangement D) prisoner's dilemma