An Advantage Emission Taxes and Permits Have Over Direct Controls

question 54

Multiple Choice

An advantage emission taxes and permits have over direct controls is that the former

• A)works well even if pollution output cannot be accurately measured.
• B)can respond quickly to new information about the dangers of particular pollutants.
• C)makes it in firms' interests to reduce pollution in the most efficient manner possible.
• D)reduces pollution to zero.

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Definitions:

Negative Feedback

A process in which a system responds in a manner that reduces the effects of a change, aiming to return to its original state or decrease deviation.

Organizational Leaders

Individuals in an organization who are responsible for setting strategic goals, influencing others, and guiding an organization towards achieving its objectives.

Ethical Audits

The process of evaluating a organization’s operations, procedures, and code of conduct to ensure they comply with moral, ethical, and social standards.

Conchoidal Fracture

A fracture in rock that has an irregular or smoothly curving surface.