Briefly Explain the Command-And-Control Approach in Dealing with an Externality

question 104

Essay

Briefly explain the command-and-control approach in dealing with an externality such as pollution.Give an example of the U.S.government using the command-and-control approach to deal with the pollution problem.

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Definitions:

Display Screen

A visual output surface on electronic devices where information, graphics, and videos are shown.

Monitor

A display device used for viewing computer-generated images and information.

Laser Printers

A type of printer that uses a laser beam to produce high-quality text and graphics on paper, known for its speed and efficiency.

Inkjet Printers

Printers that recreate a digital image by propelling droplets of ink onto paper and plastic substrates.