In Most Cases,pollution Taxes Are More Efficient Than Command-And-Control Policies

question 7

Multiple Choice

In most cases,pollution taxes are more efficient than command-and-control policies at achieving a desired reduction in the level of pollution because

• A) they can reduce the level of pollution at a lower cost to society.
• B) the market price and quantity are not affected.
• C) they make the firm pay for the pollution that they generate.
• D) all of the above

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Definitions:

Secondary Learning

The process of acquiring knowledge or skills that builds upon or derives from previously learned primary concepts or abilities.

Social Learning Theory

A theory that proposes learning occurs in a social context and that people learn from one another through observation, imitation, and modeling.

Traditional Behaviorism

A theory of learning based on the idea that all behaviors are acquired through conditioning without considering thoughts or feelings.

Neuropsychology

The study of the relationship between brain function and behavior, including the effects of brain injuries and diseases.